In the meeting, held at Prime Minister House Islamabad, the president of the Pakistan Muslim League (PML-N) and the co-chair of the Pakistan Peoples Party (PPP) devised a plan to revive the economy and discussed the potential repercussions of the politically challenging economic decisions expected to be taken by the PM in an attempt to rekindle the stalled International Monetary Program’s (IMF) loan program.
Finance Minister Senator Ishaq Dar, Economic Affairs Minister Sardar Ayaz Sadiq, Railways Minister Khawaja Saad Rafique, and Senator Saleem Mandviwala from the Pakistan Peoples Party (PPP) were also present at the meeting.
The two leaders also delved into the political scenario in Punjab and Khyber Pakhtunkhwa following the formation of the caretaker governments. The attendees reached a consensus that the revival of the economy should be the primary focus of the coalition government.
Sources said Finance Minister Ishaq Dar informed the attendees about the economic situation and the potential impact of the difficult decisions. However, the attendees decided to establish a mechanism that keeps inflation in check, they added.