PM, IDB President agree to expedite different projects
- 68
- 0
RIAYDH: Prime Minister Shehbaz Sharif and President of Islamic Development Bank Dr. Muhammad Sulaiman Al Jasser agreed for early completion of different development projects financed by institution in Pakistan.
PM thanked IDB for its $ 1 billion worth investment on different uplift projects in Pakistan during his previous tenure in office. President of IDB called on PM on sidelines of special meeting of World Economic Forum, PM Office Media Wing said in press release.
Meeting was attended by Minister for Foreign Affairs Ishaq Dar, Minister for Finance and Revenues Muhammad Aurangzeb, Minister for Information and Broadcasting Attaullah Tarar, Minister for Petroleum Dr Musadik Malik, Minister for Commerce Jam Kamal Khan and Minister for Power Awais Ahmed Khan Leghari.
During meeting, progress on different projects in Pakistan was reviewed and both sides discussed ways to explore further avenues for cooperation.
PM lauded IDP’s assistance in rehabilitation of flood affected people and commended personal cooperation and leadership role of Dr Al Jasser. He observd that IDB’s beneficial partnership with Pakistan was not only providing job opportunities and assisting in reconstruction efforts but also supporting government’s endeavours for achievement of objectives of sustainable progress.
He informed that for fast tracking foreign investment, removing all concerns of foreign investors and provision of one window operation, Special Investment Facilitation Council was fully functional. IDB President said that Pakistan was founding and most important member of Bank.
He observed that country was blessed with abundant natural and water resources and its huge manpower could be fully utilised.
Published in The Daily National Courier, April, 29 2024
Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.