ADB to continue support Pakistan to strengthen reform programs

May 17, 2022:  Asian Development Bank (ADB) is committed to provide the support for reform agenda in infrastructure, social and financial sectors in Pakistan, Executive Directors of ADB Dr Wan Farissan Bin Wan Suleiman and Mr Noor Ahmed said during a meeting with Federal Minister for Finance and Revenue Mr Miftah Ismail on Tuesday.

They re-affirmed Bank’s commitment to continue support for strengthening reform programs and implementation of the country’s development agenda including fiscal management, building resilience and boosting competitiveness and development of the private sector.

Welcoming the Executive Directors of ADB, Finance Minister Mr Miftah Ismail said that the ADB has always been a great support for Pakistan in pursuing reform agenda and implementing various development projects in the country. He acknowledged the longstanding partnership and firm commitment of the Asian Development Bank as a major development partner for bringing critical reforms in priority areas including energy, education, fiscal & debt management and socio-economic development.

The Finance Minister further gave an overview of the economic challenges the present government inherited and shared that the present government is working on various structural reform measures to bring back the economy on an inclusive and sustainable growth path. He showed full confidence in overcoming these economic challenges.

Dr Wan Farissan Bin Wan Suleiman and Mr Noor Ahmed shared that ADB While concluding, Finance Minister Mr Miftah Ismail thanked the visiting guests and ADB team for their continued support and assured them of the firm commitment of the government of Pakistan to the speedy implementation of the ongoing programs.

Press Release

Posted on: 2022-05-17T23:33:13+05:00