PID

PR No. 10 Dar meets President of Asian Infrastructure Investment Bank (AIIB) Islamabad

Mr. Mohammad Ishaq Dar, Minister for Finance, Revenue, Economic Affairs, Statistics & Privatization held a meeting with Mr. JinLiqun, President Asian Infrastructure Investment Bank (AIIB) who was accompanied by Mr. Zhou Yong, Senior Adviser to the President, Sir Danny Alexander, Vice President, Mr. Huan Chen, Chief Officer and Henry Bell, Senior Secretariat Officer, on 2nd May, 2016 on the sidelines of the ADB’s Annual Board of Governors Meeting in Frankfurt, Germany. The Finance Minister was accompanied by Mr. Tariq Bajwa, Secretary EAD and other members of Pakistan’s delegation.

President Jin congratulated the Finance Minister on the economic turnaround in Pakistan under the leadership of Prime Minister and the Finance Minister’s stewardship. He further stated that AIIB was confident that after having achieved macro-economic stability, Pakistan is poised to move to a higher trajectory of economic growth and that AIIB is willing to continue its support in the months to come.

AIIB President Jin Liqun praised Pakistan’s rich potential in infrastructure sector and expressed his interest to finance infrastructure projects in Pakistan. AIIB will provide US$ 100 million as co-financing for the M-4 Motorway Shorkot-Khanewal Section.

President AIIB assured to continue its support in the months to come.

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