World Bank acknowledges Pakistan efforts for effective management of Covid19 crisis

World Bank acknowledges Pakistan efforts for effective management of Covid19 crisis.

Vice President of the World Bank’s South Asia Region Hartwig Schafer held a meeting with Minister for Planning Development and Special Initiatives Asad Umar.

Country Director Najy Benhassine accompanied him during the meeting in Islamabad on Wednesday.

World Bank acknowledges Pakistan efforts for effective management

Furthermore, Hartwig Schafer said the World Bank greatly values its partnership with Pakistan.

He said the WB supports the reform agenda undertaken by the present government.

He said that the Bank was fully committed to provide assistance to the developing countries for procurement of Covid-19 vaccines.

Moreover, he highlighted that Pakistan’s efforts to curtail the Covid-19 pandemic through smart lockdown approach and addressing the socio-economic challenges through a fiscal stimulus package.

Pakistan govt did so under Prime Minister Imran Khan’s vision of lives and livelihoods were being highly recognized and appreciated by the global community.

He further emphasized on timely completion of the ongoing policy reforms and development projects.

He also commended the efforts of the Ministry of Planning to resolve the long outstanding bottlenecks and expedite the project implementation on a fast track basis.

The WB official noted it evident from the enhanced disbursement during the last fiscal year.

Significant contribution of the World Bank

Meanwhile, the Planning Minister welcomed the World Bank’s South Asia Regional Vice President.

He acknowledged the significant contribution of the World Bank in the socio-economic development of the country.

He appreciated the pivotal role currently being played by the World Bank in strengthening governance and service delivery in Pakistan through institutional reforms being undertaken with the support of development partners.

The Minister informed the mission that the Government plans to revamp the Pakistan Bureau of Statistics. It aims to modernization of statistical system and to enable it for high-frequency data generation.

Furthermore, he said the PBS would also conduct 1st digital census 2023.

He said that the government would welcome World Bank’s technical assistance in these areas.

GTV