PR No. 17 Islamabad

Executive Director, Asian Development Bank (ADB), Mr. Sami Saeed, called on Finance Minister, Senator Mohammad Ishaq Dar, at the Ministry of Finance on Tuesday. The Executive Director discussed matters, with the Finance Minister, related to ADB’s various projects and programs ,including thosein Pakistan. He briefed the Finance Minister on his interactions with senior government officials regarding ADB’s ongoing projects in Pakistan, including the Sustainable Energy Sector Reform Program, the Peshawar Sustainable Bus Rapid Transit Corridor, and the Punjab Intermediate Cities Improvement Investment Project.

He said that the Finance Minister’s participation in the 50th Annual Meeting of ADB in Yokohama in May 2017, had enabled further strengthening of relations between Pakistan and ADB.
The Finance Minister appreciated the support of ADB for development projects in Pakistan. He highlighted the work done by the presen government to establish the Pakistan Development Fund, as well as the Pakistan Infrastructure Bank in partnership with development partners, inorderto further facilitate both public and private sector development projects in the country. The Finance Minister said that Pakistan is keen to continue working with ADB, and other development partners, in order to implement further development projects in the country. He said that successful implementation of development projects will play a key role in enabling higher, sustainable and inclusive economic growth in Pakistan.