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Indigenous reforms to fix economy: DFID

ISLAMABAD: It is important for Pakistan to develop a home-grown economic reforms programme, with focus on widening the tax base and increasing investment and competitiveness, said DFID Chief Economist Dr Rachel Glennerster on Friday.

In a statement, Dr Glennerster further said that the United Kingdom Department for International Development (DFID) has pledged its support to Pakistan in providing assistance to raise more tax revenue, improve the business environment and invest in greener energy initiatives.

She further said that DFID is committed to supporting the government’s drive to grow the economy and improve investment climate. This will improve living standards and create jobs for younger people entering the market, she added.

The DFID chief economist during her three-day visit in Islamabad discussed technical assistance and support for economic reforms to improve investment climate with Minister for Finance Asad Umer and other officials.

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