World Bank likely to approve assistance for Dasu Project

ISLAMABAD: The World Bank (WB) Country Director for Pakistan, Rachid Benmessaoud Saturday expressed the hope that the board of the bank would approve assistance for Dasu Project.

“We are working day and night for Board meeting to be held on June 10 and hope that the assistance for Dasu Project will be approved,” he said during his meeting with Finance Minister, Senator Mohammad Ishaq Dar here.

During the meeting WB Country Director assured the Finance Minister that things were moving positively for Pakistan at the World Bank.

He said that they were encouraged by the positive trends of the economic indicators.

The meeting was also attended by Shahid Mahmood, Special Assistant to the Finance Minister and senior officials of the Finance Ministry.

Ishaq Dar informed the Country Director that Pakistan’s economy was moving in the right direction and that we would continue to engage with multilateral fora including World Bank for assistance in energy and infrastructure development programmes initiated by the government.

He added, in line with the vision of the Prime Minister to make Pakistan developed and prosperous country, the government has embarked upon a plan to meet the energy requirements and make Pakistan an economically viable country.

He emphasized that World Bank’s assistance in energy and development projects particularly on Dasu Dam and CASA – 1000 will help Pakistan progress.