KARACHI: Finance Minister, Senator Ishaq Dar chaired a meeting at the State Bank of Pakistan (SBP) on Saturday at Karachi. The meeting reviewed the macroeconomic situation with special reference to the monetary side, in the context of the upcoming 12th IMF Review, scheduled to commence in Dubai in the last week of July, 2016. The meeting noted that the performance of monetary side during the quarter that ended June, 2016 remained satisfactory. The forex reserves reached the highest ever level of $23 billion. Finance Minister expressed satisfaction on the macroeconomic situation and stated that all the national institutions needed to continue the reform process in order to consolidate the economic gains of last 3 years. Deputy Governor and other senior officials of SBP also attended the meeting.