ISLAMABAD: World Bank and Asian Development Bank will give Pakistan $1.5 billion and $1.68 billion loans respectively during the year 2015, revealed Economic Affairs Division (EAD) meeting chaired by Federal Finance Minister Ishaq Dar
The meeting reviewed the state of foreign assistance from WB, ADB, USAID, Government of Italy, JICA DIFID and other development partners for various projects in the spheres of energy, transport and rehabilitation of TDPs.
Ishaq Dar expressed satisfaction on operationalization measures taken by the WB, ADB and other development partners to help out flood victims and TDPs. The ADB and WB would disseminate this assistance to different sectors in line with the policy of Pakistan Government, attaching due importance to energy and infrastructure rehabilitation in the areas affected by war on terror/ anti-terror operation. There would be a quarterly review of the utilisation of this assistance, the Minister was informed.
