In a significant achievement, the Pakistani government’s Resilient Institutions for Sustainable Economy (RISE) programme has received commendations from Guangzhe Chen, the South Asia region’s director for infrastructure at the World Bank. The RISE programme, an initiative by the World Bank, has played a crucial role in supporting the government’s fiscal reform efforts.
During a recent meeting on Tuesday, a World Bank delegation, led by Guangzhou Chen, visited Ishaq Dar, the Federal Minister of Finance and Revenue. Minister Dar took the opportunity to highlight Pakistan’s promising economic prospects and shared insights into the implementation of several policies by the current administration. These policies aim to foster sustainable and inclusive economic growth by streamlining business operations, boosting exports, and providing essential support to various economic sectors.
Guangzhe Chen provided Minister Dar with a comprehensive briefing on the various ongoing World Bank programmes in Pakistan, aligning with the vision of the Pakistani government. He also emphasized the World Bank’s invaluable assistance in supporting relief and recovery efforts in communities adversely affected by floods.
Minister Dar expressed gratitude for the World Bank’s contributions to Pakistan’s development and acknowledged the bank’s financial and technical support during the nation’s institutional transformations and economic growth.
Furthermore, Minister Dar commended the World Bank delegation for their unwavering commitment to Pakistan’s economic progress and assured them of the government’s utmost support for such projects.
The meeting saw the presence of other esteemed members, including Najy Benhassine, the country director for the World Bank, Tariq Bajwa, Tariq Mehmood Pasha, the secretary of finance, and other prominent figures from the finance division.