PID

PR No. 255 Dar chairs meeting to review progress of foreign funded projects Islamabad

Finance Minister, Senator Mohammad Ishaq Dar chaired a meeting to review the progress of foreign funded projects here Saturday.

Secretary Economic Affairs Division (EAD) gave a detailed briefing on the utilisation of foreign assistance in various sectors, across the country. He apprised the Minister of the various projects in energy, communication, water, and social sectors being implemented with the assistance of different multilateral and bilateral development partners.

The Minister was informed that disbursement of foreign assistance to different projects was progressing smoothly.

Finance Minister stated that effective utilization of foreign funds was extremely important to ensure achievement of the objective of accelerated economic development. He said that the timely completion of development projects must be ensured. He directed EAD to maintain close liaison with the development partners and remove any impediments in the way of implementation of the projects.

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