Finance Minister meets Vice-President of World Bank on sidelines of Asian Development Bank’s Annual Board of Governors Meeting

Frankfurt, May 04, 2016 (PPI-OT):Finance Minister, Senator Mohammad Ishaq Dar here on Wednesday met Ms. Annette Dixon, Vice-President of the World Bank on the sidelines of the ADB’s Annual Board of Governors Meeting. The Minister appreciated support from the World Bank in the priority sectors of development in Pakistan. He highlighted different macro-economic reform initiatives of the present Government which have produced positive results for the country. He also informed the World Bank Vice President about progress on reform initiatives in different sector especially in the areas of energy and economic growth.

Ms. Annette Dixon appreciated the performance of Pakistan’s economy during the recent years. She also thanked the Government of Pakistan for its contribution to IDA sources. She said that progress on co-financing with AIIB for Tarbela-V is on track. She also informed that World Bank’s collaboration with ADB on Energy Sector Reform Programme has been very effective.

The Minister also informed the World Bank delegation about progress of the reform progress of the country’s programme with the IMF and stated that it was on track and will be completed successfully. The Minister was accompanied by Mr. Tariq Bajwa, Secretary EAD and other delegation members from Pakistan.

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