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Saturday, November 23, 2024  
20 Jumada Al-Awwal 1446  

President urges WB to finance Pakistan's energy, water projects

ISLAMABAD: President Mamnoon Hussain Monday emphasized upon the World Bank to consider financing the energy and water resource projects in Pakistan as the country was facing acute energy and water crises adversely affecting the economy.

In a meeting with Country Director World Bank Pakistan, Rachid Benmessaoud who called on him at the Aiwan-e-Sadr, the President said that World Bank could play a major role in supporting the efforts of Pakistan's government in addressing the power and energy
problems.

He appreciated the working relationship of the World Bank with Pakistan over a period of time and expressed the confidence that the World Bank would continue extending its support for the development projects in the country.

Rachid Benmessaoud briefed the President about the new Country Partnership Strategy (CPS) of the World Bank for the next five years (2015-19) and also about various projects of the Bank aimed at socio-economic development of Pakistan.

Source: APP