ISLAMABAD, Pakistan: The Federal Finance Minister Senator Muhammad Ishaq Dar on Tuesday emphasized judicious and transparent utilization of foreign funding for development projects.
Chairing a meeting of the senior official of Economic Affairs Division in Islamabad to review progress on foreign funded projects, he said speedy implementation of these projects would facilitate achievement of government’s objective of inclusive high growth besides bringing about progress and economic wellbeing for the people of the country.
The finance minister also stressed expeditious resolution of issues that hindered realizing any project.
Ishaq Dar also reviewed preparations for Pakistan delegation’s participation in the Golden Jubilee 50th annual meetings of the Asian Development Bank (ADB) scheduled to be held at Yokohama, Japan from May 4-7, 2017.
It may be added that the ADB board of governors holds an annual meeting to discuss developments in Asia and the Pacific as well as institutional matters.
Earlier, the Secretary Economic Affairs Division gave the meeting an update on different ongoing and planned projects with financing from the ADB, Department for International Development (DFID), World Bank, Asian Infrastructure Investment Bank (AIIB), and other multilateral and bilateral development partners.
The Secretary Economic Affairs Division also gave a briefing on the Pak-German government to government negotiations on economic cooperation being held in the EAD.
Among others senior officials of the Economic Affairs Division and finance division attended the meeting.
