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APP68-080524
ISLAMABAD: May 08 – Martin Raiser, The South Asia Regional Vice President (SARVP) of the World Bank calls on Ahad Cheema, Federal Minister for Economic Affairs. APP/TZD

APP68-080524 ISLAMABAD: May 08 – Martin Raiser, The South Asia Regional Vice President (SARVP) of the World Bank calls on Ahad Cheema, Federal Minister for Economic Affairs. APP/TZD

Pakistan, World Bank seal new development partnership

byCT Report
09/05/2024
in Breaking News, Islamabad, Latest News, Slider News
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ISLAMABAD:The Federal Minister for Economic Affairs, Ahad Khan Cheema, met with Martin Raiser, the South Asia Regional Vice President (SARVP) of the World Bank,here on  Wednesday to discuss a range of issues relating to Pakistan’s economic growth.

Minister Cheema welcomed Vice President Raiser and expressed gratitude for the ongoing support and assistance from the World Bank Group (WBG) to Pakistan, said a press release issued here.

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He reiterated Pakistan’s commitment to implementing key reforms across major sectors to foster sustainable economic growth.

Discussions centred on the new Country Partnership Framework, where the Minister praised the World Bank’s teams for their guidance.

He also highlighted ongoing efforts to accelerate project implementation and resolve bottlenecks.

The Minister requested that the World Bank consider expanding its development portfolio for Pakistan through innovative financing options and by encouraging private sector participation, with support from the International Finance Corporation (IFC).

Vice President Raiser commended the Government of Pakistan for their dedication to steering Pakistan toward economic recovery. He expressed satisfaction with the progress on various sectoral projects and socio-economic reforms, expressing confidence that these initiatives would lead to a more prosperous future for the people of Pakistan.

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