inance Minister Ishaq Dar has appreciated the support of the World Bank in the development projects of Pakistan.
In a statement issued in Islamabad on Thursday evening, he said that the World Bank has been a very close development partner for Pakistan in the recent years. In particular, during the last three years, the World Bank has assisted Pakistan in structural reforms of various sectors.
The Finance Minister said Pakistan appreciates the World Bank and its President Dr Jim Yong Kim for being partners in key infrastructure projects in energy sector as well as in energy and growth related reforms since year 2013.
Acknowledging the services of Dr. Kim the Minister said that Pakistan has found in Dr. Kim a close friend and supporter of growth initiatives in the country. His term ends in June 2017 and the nomination process for the election of next World Bank President has virtually begun.
The Finance Minister said in view of the impressive performance of Dr. Kim for global economic revival, development and poverty alleviation, Pakistan proposes that Dr. Kim be re-elected as President for another five year term.