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PR No. 239 DAR SUPPORTS DR. KIM FOR HIS RE-ELECTION AS WORLD BANK PRESIDENT Islamabad

The Federal Minister for Finance has appreciated the support of the World Bank and its President, Dr. Jim Yong Kim in the development projects of Pakistan.

The Finance Minister said “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. Pakistan appreciates the World Bank and 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, “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. 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”.

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