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A delegation of World Bank led by Vincent Palmade met Punjab Chief Minister Shahbaz Sharif, here on Thursday. During a meeting it was decided to take speedy measures for co-operation between Punjab government and the World Bank for institutional reforms, urban development, agri business, skills development, information technology, disaster management, livestock and dairy development, promotion of small industries and other sectors.
A steering committee comprising representatives of World Bank and Punjab government was also set up which will monitor the measures for co-operation between Punjab government and World Bank in different sectors. Speaking on the occasion, the CM said that comprehensive reforms are being introduced for economic progress of the province.
He welcomed the co-operation of World Bank experts for institutional reforms and capacity-building of various sectors. He said that provincial authorities will work with the World Bank team for institutional reforms, economic development, promotion of technical education and uplift of other sectors and benefit from their experience and skill.
He said that Punjab government is implementing a comprehensive programme for the economic progress of the province and efforts are being made speedily for achieving the target of eight percent growth rate during next four years. He said that modern technology is being fully utilised for achieving the targets of economic development and progress is being made for setting up e-government in the province with the help of information technology.
He said that youth are a precious asset and national economy can be strengthened through imparting them skills. He said that youth can play an important role in the development of the country through skill development. He said that various skills are being imparted to the youth according to the industrial and market requirements.
Shahbaz stressed the need of re-organisation and capacity-building of TEVTA and vocational training institutions. Shahbaz said that instead of wasting time on achieving teachers and buildings for providing training of various skills to youth, a skilled force can be prepared speedily by acquiring the services of companies. He said that modern technology is being used for enhancing economic growth in the province. The CM said that new job opportunities can be created through economic development. He said that Punjab government has fixed target of provision of jobs to ten lakh youth.
Shahbaz said that all development projects are being completed speedily and in a very transparent manner. He said that masses have first right over resources and all resources of the province are being spent on the welfare of the people. He said that concrete and effective steps have been taken for the promotion of investment in the province and all possible facilities are being provided to foreign investors.
Head of World Bank Mission Vincent Palmade said that World Bank will initiate reforms programme jointly with the Punjab government. He said that the steps of Punjab government led by Chief Minister Shahbaz Sharif for the development of the province are commendable. Provincial Ministers Mujataba Shujaur Rehman, Chaudhry Sher Ali Khan, Farrukh Javed, MPA Dr Ayesha Ghaus Pasha, Chief Secretary, Chairman Planning and Development, secretaries of concerned departments and heads of development agencies were also present on the occasion.

Copyright Business Recorder, 2014

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