ISLAMABAD: The Federal Minister for Finance Mohammad Ishaq Dar chaired a meeting here with the Economic Affairs Division to review the financial progress on the foreign funded projects.
Secretary EAD Tariq Bajwa, briefed the Minister on different projects started with financing from Asian Development Bank, World Bank and other multinational and bilateral donors. He also briefed the Minister on projects in the current as well as next year.
The Finance Minister directed Economic Affairs Division to follow a strict discipline and high standards while dealing with the multinational donors and development partners. The Minister expressed overall satisfaction on the work being done by the Economic Affairs Division.
The meeting was participated by senior officials of the Finance Ministry and Economic Affairs Divisions.
Meanwhile Ishaq Dar chaired a meeting here at the Finance Division to review the performance of the Finance Division.
The meeting was briefed in detail by Secretary Finance Dr. Waqar Massoud Khan on the implementation of the announcements made in the budget 2016. The participants were also briefed on the overall strategy of the government to reduce the fiscal deficit and to achieve the growth targets. The meeting also reviewed the domestic and foreign financing of various projects being undertaken.
The Minister directed that every effort should be made to continue the reforms agenda and to ensure financial discipline in the country. The Minister also emphasized the need for making top class arrangements for the upcoming SAARC Finance Minister’s meeting and directed close coordination with relevant Ministries and organizations in this regard. The meeting was attended by the senior officials of the Ministry of Finance.