YOKOHAMA, Japan: The Federal Minister for Finance Muhammad Ishaq Dar on Friday said that due to economic stability, Pakistan was said to be all set to join the Group of 20 (G20) in 2030.
While speaking at the 11th informal meeting of South Asian Association for Regional Cooperation (SAARC) Finance Ministers on the sidelines of the Asian Development Bank (ADB) Conference in Japan’s Yokohama City, the minister highlighted the positive economic indicators including growth in the gross domestic product (GDP) and substantial decrease in the fiscal deficit.
Talking about the SAARC, the minister expressed confidence that the organization would make progress towards realizing true potential and regular meetings of economic leaders which would help enhance economic cooperation among member states for promotion of trade and improving quality of life of the people who accounted for 1/5th of the world’s population.
Ishaq Dar emphasized that intra regional trade was far below its potential and there was need to expedite the process of the trade liberalization programme under the South Asia Free Trade Agreement (SAFTA).
