Pakistan’s to seek World Bank’s support in power generation projects: Ishaq Dar

Islamabad: Federal Finance Minister Ishaq Dar has said that Pakistan would seek World Bank’s support in power generation and infrastructure projects during his upcoming talks with the bank authorities in Washington.

He was speaking at a briefing by the Secretary Finance Division Nargis Sethi in Islamabad on Sunday about Pakistan’s partnership with the World Bank.

The Finance Minister said he would also discuss projects involving water supply and renewable energy resources in FATA and Balochistan.

He said the government attaches high priority to tackling energy crises with low cost power generation options like hydro power and improving access to community-led small scale of grid and renewable energy sources.

Ishaq Dar said the partnership strategy with the World Bank has been developed through a concentrated process based on national development agenda.

He expressed satisfaction over World Bank group’s cooperation with Pakistan in diverse fields. Dar hoped the bank would help Pakistan in fostering entrepreneurship, access to finance, enhancing economic opportunities and productively engaging youth and women.

Earlier, in her briefing Nargis Sethi said the World Bank group has devised a five-year country partnership strategy for Pakistan for poverty alleviation and shared prosperity.

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