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PR No. 03 Islamabad

Mr. Patchamuthu Illangovan, Country Director World Bank called on the Finance Minister Senator Mohammad Ishaq Dar here today.

He apprised the Finance Minister on the forthcoming annual meeting of the World Bank group. The meeting discussed the portfolio of the World Bank assisted projects in Pakistan. Pakistan has shown strong economic turnaround, the World Bank Group sees Pakistan as stronger partner for further development, collaboration and assistance. He said that IFC will help in renewable energy in Pakistan and provide a credit line in this regard. Finance Minister appreciated the interest and support of World Bank President for developmental projects in Pakistan.

The Minister said he is looking forward to his forth-coming visit to Washington to participate in the World Bank and IMF annual meetings and appreciated World Banks support for the green energy projects.

Representatives of IFC and senior officials of Ministry of Finance attended the meeting.

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