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World Bank to continue working with Pakistan: CEO

NEW YORK, SEPT 21 (DNA) – The CEO expressed the commitment to continue to work with Pakistan and appreciated the progress made by Pakistan in stabilizing the macroeconomic framework. Ms. Kristalina Georgieva further expressed the commitment to continue to supporting further reforms in Pakistan.

She also appreciated the role of Pakistan in the Indus Water Treaty. The CEO termed Pakistan’s role in Indus Water Treaty as positive and constructive, and said the World Bank was now finding out way to move forward in the Treaty, says a press release received here today from New York.

Prime Minister Shahid Khaqan Abbasi said that Pakistan has no ambiguity on the terms of the Treaty. We also want to remain engaged with World Bank to find a mutually negotiated solution.

Prime Minister Shahid Khaqan Abbasi thanked the CEO for World Bank’s support in Tarbela-4, Tarbela-5 and Dasu Hydropower Project.

The Prime Minister also asked for World Bank’s support for Diamer Bhasha Dam which is critical to water security needs of the country.

We are prepared to work on some innovative solutions like separating water and power components of the project, the Prime Minister said. The two sides agreed to continue the engagements and cooperation.=DNA


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