AUGAF
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • CommoditiesNew
  • Contact
No Result
View All Result
PSX
Currencies
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • CommoditiesNew
  • Contact
No Result
View All Result
AUGAF
No Result
View All Result
Home Business

World Bank Continues To Provide Support For Pakistan’s Structural Reforms: MD World Bank

admin-augaf by admin-augaf
October 15, 2021
in Business, International
Reading Time: 2 mins read
0
World Bank Continues To Provide Support For Pakistan's Structural Reforms: MD World Bank

World Bank Continues To Provide Support For Pakistan's Structural Reforms: MD World Bank

Share on FacebookShare on TwitterWhatsapp

New York October 15 2021: Managing Director World Bank Axel van Trotsenburg informed the delegation on the importance that the Bank places on cooperation with Pakistan and said that the Bank was looking forward to continuing the bilateral cooperation in the future.

He said that the Bank was partnering with Pakistan in implementing one of the largest programme by the Bank for Pakistan and acknowledged that a lot of progress has been made on implementation of structural reforms in various sectors.


A L S O || R E A D

Government Committed To IMF Program And Hopeful Of Completing Upcoming Review: Finance Minister


MD Axel van Trotsenburg also conveyed gratitude and appreciation for the Government's assistance in the timely and efficient transiting of the Bank's staff from Kabul.

He said this during his meeting with Federal Minister for Finance and Revenue Mr. Shaukat Tarin and the Bank's Pakistan team at the World Bank Headquarters in Washington DC. Dr. Asad Majeed Khan, Ambassador, Dr. Murtaza Syed, Deputy Governor SBP and Mr. Naveed Kamran Baloch, Alternate Executive Director, World Bank were also present.

Omar Ayub Khan, Federal Minister for Economic Affairs and Mohammad Hammad Azhar, Federal Minister for Energy joined the meeting virtually from Islamabad, says a press release received here today from Washington DC.

The Finance Minister appreciated the Bank's support to Pakistan over the decades and acknowledged the continuing support being extended to Pakistan. The Finance Minister highlighted the measures taken by the Government to accelerate completion of projects funded by the Bank which were in the pipeline, with special focus on agriculture, housing and construction sectors.

The Finance Minister assured that the Government was also keen to reform the power sector in the country with special focus on reducing circular debt. The Finance Minister reiterated that the government is fully committed to implementing structural reforms, protecting social spending and boosting social safety nets in order to protect the vulnerable segments of the society. Minister for Energy Hamad Azhar shared the measures being taken by the Government to reform the power sector and rationalize power sector subsidies.

admin-augaf

admin-augaf

Related Posts

Saudi Arabia’s GDP Grows 8.8% In Q3 Driven By Oil Activities: GASTAT
Business

Saudi Arabia Unemployment Rate Decreases To 4.8%, For Saudis It Is Still 8%

March 31, 2023
Pakistan in discussion with EU for 10 year extension in GSP plus status
Business

Pakistan Poised To Get EU GSP Plus Scheme For Next 10 years, Says Former Governor

March 31, 2023
COP27: Island nations want China, India to pay for climate damage
Business

Pakistan Hold First International Partners Support Group Meeting For Materialization Of Nearly $11 Billion Flood Aid

March 31, 2023

Recent News

Saudi Arabia’s GDP Grows 8.8% In Q3 Driven By Oil Activities: GASTAT

Saudi Arabia Unemployment Rate Decreases To 4.8%, For Saudis It Is Still 8%

March 31, 2023
Pakistan in discussion with EU for 10 year extension in GSP plus status

Pakistan Poised To Get EU GSP Plus Scheme For Next 10 years, Says Former Governor

March 31, 2023
COP27: Island nations want China, India to pay for climate damage

Pakistan Hold First International Partners Support Group Meeting For Materialization Of Nearly $11 Billion Flood Aid

March 31, 2023
SBP

SBP Cancelled Licences Of Two Money Exchange Companies

March 31, 2023
Virgin Orbit To Lay Off About 85% Of Staff

Virgin Orbit To Lay Off About 85% Of Staff

March 31, 2023

Popular News

  • Central Directorate of National Savings

    President Prohibit National Savings For Changing Rates on Existing Certificates Retrospectively

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Appreciate against Dollar in Interbank as IMF Confirmed Board Review Date

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Fall After 13 Days of Successive Gains against Dollar on Lower Remittances and Strengthening of US Dollar

    0 shares
    Share 0 Tweet 0
  • Pakistan Central Bank Issued Show Cause Notice to Eight Banks Over Currency Speculation

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Fall for the Straight Second Day Against Dollar on Opening of LCs

    0 shares
    Share 0 Tweet 0

Categories

  • Budget
  • Business
  • Culture
  • Finance
  • International
  • National
  • News
  • Politics
  • PTI
  • Sports
  • Technology
AUGAF Logo

Follow us on social media:

Recent News

  • Saudi Arabia Unemployment Rate Decreases To 4.8%, For Saudis It Is Still 8%
  • Pakistan Poised To Get EU GSP Plus Scheme For Next 10 years, Says Former Governor
  • Pakistan Hold First International Partners Support Group Meeting For Materialization Of Nearly $11 Billion Flood Aid

Category

  • Budget
  • Business
  • Culture
  • Finance
  • International
  • National
  • News
  • Politics
  • PTI
  • Sports
  • Technology

Recent News

Saudi Arabia’s GDP Grows 8.8% In Q3 Driven By Oil Activities: GASTAT

Saudi Arabia Unemployment Rate Decreases To 4.8%, For Saudis It Is Still 8%

March 31, 2023
Pakistan in discussion with EU for 10 year extension in GSP plus status

Pakistan Poised To Get EU GSP Plus Scheme For Next 10 years, Says Former Governor

March 31, 2023
  • Home
  • Politics
  • News
  • Business
  • National
  • Finance
  • Technology
  • International

© 2021 AUGAF.

No Result
View All Result
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • Commodities
  • Contact

© 2021 AUGAF.