Progress on World Bank-supported credit, projects reviewed

07 Apr, 2016

Finance Minister Ishaq Dar Wednesday held a meeting with Country Director World Bank, Pochumuthu Illangovan and other senior World Bank officials to review progress on World Bank-supported development policy credit for equitable growth besides having discussion on current portfolio of World Bank projects in the country. The Finance Minister said the government highly appreciated the contribution of the World Bank for various development projects and added that the recent visit by the World Bank President to Pakistan had helped renew the spirit to foster Pak-World Bank cooperation.
He said Pakistan is stepping up to a higher level of growth and better opportunities for its people for economic prosperity as envisioned by the leadership. He said the government after having achieved macroeconomic stability is actively pursuing economic growth and employment generation.
The minister added that he looked forward to attending the World Bank-IMF Spring meetings in Washington where he would have detailed exchange of views with the senior World Bank officials on financing for future programmes for Pakistan. Pochumuthu Illangovan said the World Bank would continue to finance different projects in Pakistan and that he looked forward to further strengthening Pak-World Bank cooperation in future. Senior officials of the Finance Division and Economic Affairs Division were also present.

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