IMF Programs

Zafar Masud says IMF Programs are designed for stabilization, not for growth

A recent analysis of Pakistan’s economic situation written by Nasir Jamal and published in Dawn News discusses the country’s reliance on IMF programs bailouts and the need for domestic reforms. In the article Mr. Nasir quotes Mr. Zafar Masud, president and CEO of the Bank of Punjab, Finance Minister Muhammad Aurangzeb, Aisha Ghaus Pasha, former state minister for finance, Ahmed Kamal, one of the top textile and clothing exporters, and Prime Minister Shehbaz Sharif.

Mr. Zafar Masud at the Agreement Signing with Chief Minister’s Youth Initiative

Today in Lahore, the formal Agreement Signing Ceremony took place between The Bank of Punjab and the Transport & Masstransit Department of the Govt of Punjab. Among the attendees were Chief Minister Punjab, Maryam Nawaz Sharif, Secretary of the Transport & Masstransit Department, Dr. Ahmed Javed Qazi, President & CEO of BOP, Zafar Masud, senior provincial ministers, and executives of BOP.