Thursday , April 25 2024

The first prime minister of Pakistan, IK Directly negotiate with World Bank for loans

Sindhsamaachar Monitoring Desk

The first prime minister of Pakistan, Imran khan Directly negotiate with World Bank for loans

World Bank CEO Kristalina Georgieva on Friday pledged to further strengthen cooperation with Pakistan in the areas of ‘disbursements programme lending’ and ‘guarantees provision for raising external funds’, according to a press release received by Dawn.com. The pledge was made in a meeting with Prime Minister Imran Khan on the sidelines of the second Belt and Road Forum (BRF) in Beijing. According to the press release, issued by the Pakistani embassy in Beijing, the premier was accompanied by Foreign Minister Shah Mahmood Qureshi, the PM’s Adviser on Finance Abdul Hafeez Shaikh, and Advisor on Commerce Abdul Razaq Dawood for his meeting with the World Bank CEO.

PM Imran informed the World Bank CEO of recent steps taken by the government to improve the economic and fiscal situation of Pakistan.  As per the press release, he appreciated the role played by the World Bank in “regional connectivity, poverty alleviation, financial management, provisional projects, Dasu, and other infrastructure projects and ease of doing business.” Additionally, the premier told Georgieva about the socio-economic uplift measures that the government has taken and about the creation of ‘Ehsas’, the PTI’s flagship social welfare programme.

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