AGL 40.21 Increased By ▲ 0.18 (0.45%)
AIRLINK 127.64 Decreased By ▼ -0.06 (-0.05%)
BOP 6.67 Increased By ▲ 0.06 (0.91%)
CNERGY 4.45 Decreased By ▼ -0.15 (-3.26%)
DCL 8.73 Decreased By ▼ -0.06 (-0.68%)
DFML 41.16 Decreased By ▼ -0.42 (-1.01%)
DGKC 86.11 Increased By ▲ 0.32 (0.37%)
FCCL 32.56 Increased By ▲ 0.07 (0.22%)
FFBL 64.38 Increased By ▲ 0.35 (0.55%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.46 Increased By ▲ 1.69 (1.53%)
HUMNL 14.81 Decreased By ▼ -0.26 (-1.73%)
KEL 5.04 Increased By ▲ 0.16 (3.28%)
KOSM 7.36 Decreased By ▼ -0.09 (-1.21%)
MLCF 40.33 Decreased By ▼ -0.19 (-0.47%)
NBP 61.08 Increased By ▲ 0.03 (0.05%)
OGDC 194.18 Decreased By ▼ -0.69 (-0.35%)
PAEL 26.91 Decreased By ▼ -0.60 (-2.18%)
PIBTL 7.28 Decreased By ▼ -0.53 (-6.79%)
PPL 152.68 Increased By ▲ 0.15 (0.1%)
PRL 26.22 Decreased By ▼ -0.36 (-1.35%)
PTC 16.14 Decreased By ▼ -0.12 (-0.74%)
SEARL 85.70 Increased By ▲ 1.56 (1.85%)
TELE 7.67 Decreased By ▼ -0.29 (-3.64%)
TOMCL 36.47 Decreased By ▼ -0.13 (-0.36%)
TPLP 8.79 Increased By ▲ 0.13 (1.5%)
TREET 16.84 Decreased By ▼ -0.82 (-4.64%)
TRG 62.74 Increased By ▲ 4.12 (7.03%)
UNITY 28.20 Increased By ▲ 1.34 (4.99%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 10,086 Increased By 85.5 (0.85%)
BR30 31,170 Increased By 168.1 (0.54%)
KSE100 94,764 Increased By 571.8 (0.61%)
KSE30 29,410 Increased By 209 (0.72%)

President General Pervez Musharraf conferred on Monday the award of Hilal-e-Pakistan on the World Bank President James D Wolfensohn in recognition of his all-round attainments, outstanding leadership and the Bank's invaluable support to the Pakistan's economic growth, poverty alleviation and good governance. Prime Minister Shaukat Aziz was also present at the special investiture ceremony held at the Aiwan-e-Sadr.
The President and Prime Minister congratulated the distinguished World Bank leader on receiving the coveted award for his meritorious services.
Earlier, the World Bank Chief called on President Pervez Musharraf and discussed the Bank's continued co-operation and support for Pakistan's sustained economic growth. Prime Minister Shaukat Aziz was also present. Wolfensohn appreciated the economic strides Pakistan has made in recent years in the wake of reforms and economic and fiscal stability.
President Musharraf thanked him for his institution's contribution towards Pakistan's economic development and poverty alleviation.
The World Bank President has been taking a keen interest in the economic development of Pakistan and had been instrumental in ensuring substantial economic assistance from the World Bank Group to the country.
This assistance helped the country to achieve infrastructure and economic sustainability, and has also been helpful in implementing the far-reaching reforms that were crucial in the macro-economic turnaround of Pakistan.
The government has been appreciative of the personal interests the World Bank President has taken in various reform programmes and poverty alleviation initiatives.
State Bank of Pakistan Governor Dr Ishrat Husain, ministers of State for Finance and Economic Affairs and senior officials also attended the ceremony.

Copyright Associated Press of Pakistan, 2005

Comments

Comments are closed.