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Finance Minister lauds role of projects by ADB, WB in fostering economic mobility
November 21, 2023

Caretaker Finance Minister Shamshad Akhtar has underscored critical role played by projects funded by Asian Development Bank and World Bank in fostering economic mobility of country to lift people out of poverty.

She was chairing a meeting to review the Federal Portfolio of projects funded by the Asian Development Bank and the World Bank in Islamabad on Tuesday.

Highlighting the purpose of the portfolio review, she emphasized its objective to address bottlenecks and meet disbursement targets for the current fiscal year.

Shamshad Akhtar further highlighted initiatives such as infrastructure restoration post the 2022 floods, border crossing point improvements, digital payments accessibility, housing finance, tax base broadening, adaptive social protection, and higher education sector enhancement.

Expressing concern over the delay in projects, the Minister pledged to bring these issues to the attention of the Prime Minister's Office and Provincial Governments for their support in expediting project completion.

She also appealed donors for expertise and technical assistance to ensure timely implementation for the benefit of Pakistan's socio-economic development.