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Grateful to World Bank, Nawaz terms energy crisis, war on terror major challenges

byCustoms Today Report
20/01/2015
in Business
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ISLAMABAD: Thanking the World Bank for its cooperation, Prime Minster Nawaz Sharif has said that the ongoing war on terror and the energy crisis are major challenges being faced by Pakistan while every possible effort is being made to meet fight these challenges.

Led by Jin Yong Cai, the executive vice president of International Finance Corporation of the World Bank, a delegation met with the PM here at the PM’s House. The PM appreciated WB’s continuous engagement with the country that spans over half a century and acknowledged its valuable support towards many important areas such as rural development, public sector development, infrastructure development, roads, ports, railways, dams, social development including health, education water and sanitation besides power sector.

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Mr Nawaz acknowledged IFC’s current focus on energy sector to complement government’s efforts towards meeting energy requirements of the country. He also said that infrastructure development, social sector development, good governance, uninterrupted, affordable and clean energy are some of the major priority areas of the government.

Meanwhile, Jin Yong Cai assured the prime minister of IFC’s continued engagement with the country for strengthening economy, the energy sector as well as other areas having direct bearing on socio-economic betterment of the people of Pakistan. He also expressed grief over the tragic Peshawar incident.

 

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