World Bank lauds economic reforms process of govt

WASHINGTON: Pakistan delegation led by Secretary Finance Dr Waqar Masood Khan had a meeting with Vice President World Bank Ms Annette Dixon at the margins of Annual Meetings of IMF and World Bank in Washington.


Finance Secretary briefed Ms Dixon about the successful issuance of Sukook Bonds at the lowest rates in Pakistan’s history.

He said that the fact that the Bonds were oversubscribed by 5 times after the completion of IMF Program reflects the confidence of International markets in the economic policies of Pakistan.

On this occasion, Vice President World Bank Ms Annette Dixon expressed hope that the government will continue the reform process for the benefit of underprivileged strata of society.

She said World Bank is specially looking for deeper cooperation in DPC Loans, clean energy and nutritional programs.