ISLAMABAD: Executive Director of Asian Development Bank (ADB) Sami Saeed accompanied by Werner Leipach, Country Director ADB called on Finance Minister, Senator Ishaq Dar on Wednesday and discussed matters of mutual interests.
The Executive Director informed the Ishaq Dar that there was total support for Pakistan in the ADB and his participation in the ADB Board of Governors' meeting held at Astana was of great value to the Board.
He said ADB would like to continue working with Pakistan on energy and infrastructure development programmes.
He hoped that with the help of international institutions and the reforms introduced by the government, the country will be able to overcome the chronic energy crisis.
The Finance Minister appreciated the ADB's support to Pakistan and said the forthcoming visit of the President ADB will provide an opportunity for enhancing cooperation with the ADB for development projects.
He said "as the interest in Pakistan of the international financial market is fairly good, therefore, we are hoping to complete UBL and OGDCL capital market transactions by mid July this year."
The Finance Minister also informed the officials of ADB that Islamic paper will be offered soon. He added that the economic policies are for the betterment of Pakistan and its peoples.
The meeting was also attended by Nargis Sethi Secretary Economic Affairs Division, Shahid Mahmood Special Assistant to Finance Minister and senior officials of the Finance Ministry.
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