World Bank offers assistance to quake-hit Pakistan

 

ISLAMABAD – The World Bank on Wednesday offered assistance to Pakistan for relief activities in the earthquake hit areas of the country.

Talking to Federal Minister for Finance and Economic Affairs Senator Ishaq Dar here, World Bank Country Director for Pakistan Patchamuthu Illangovan said, “The World Bank is ready to offer any assistance needed for relief activities.”

He also expressed deep sense of grief and sorrow over the damage caused by the natural disaster, which struck Pakistan on Monday. He said the World Bank would continue to finance different projects in Pakistan and that he looked forward to strengthening Pakistan-World Bank cooperation in future.

Senator Dar and Illangovan also exchanged views on the proposed equitable growth development policy credit (DPC-III). The minister informed the visiting dignitary that the government would have in-house consultation and convey its priorities for next set of policy credit loans.

The finance minister said he was looking forward to his meeting with World Bank officials in November, which would consider the case for release of development policy credit loan for the energy sector of Pakistan.

 

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