Pakistan appreciates World Bank support for promoting IT skills

Web DeskWeb Editor

03rd Aug, 2021. 08:05 pm
World Bank

ISLAMABAD: Pakistan would welcome the knowledge of the World Bank team to promote the skills of the IT graduates in the country, a senior government official said, while welcoming the World Bank official and acknowledged the significant contribution of the bank in the socioeconomic development of the country since 50s.

During a meeting with Hartwig Schafer, South Asia Regional Vice President (SARVP) of the World Bank and Najy Benhassine, Country Director of the bank, at the Finance Division on Tuesday, Federal Minister for Finance and Revenue Shaukat Tarin thanked the World Bank for continued guidance and collaboration on various development projects.

The World Bank team conveyed their willingness for providing guidance and said the bank was preparing an operation on the digital economy with Pakistan’s Ministry of Information Technology.

Tarin also welcomed the World Bank Group’s proposed $12 billion initiative to help developing countries procure Covid-19 vaccines to treat up to one billion people.

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 the development partners.

The World Bank vice president thanked the finance minister for a warm welcome and said that the bank greatly values its partnership with Pakistan and supports the reform agenda undertaken by the present government.

He also acknowledged the efforts made by Pakistan for an effective management of the Covid-19 crisis, adding that the World Bank is fully committed to providing assistance to the developing countries for the procurement of the Covid-19 vaccines and for this purpose, $150 million have been reallocated for Pakistan.

Schafer also praised Pakistan’s commitment for cleaner and greener environment and said that the reform momentum had to be sustained in the country.

During the meeting there was a review of the progress on the World Bank’s two ongoing programmes, “Resilient Institutions for Sustainable Economy (RISE-II)”and “Program for Affordable and Clean Energy (PACE)” as these hold a central position in the government’s social and economic reform paradigm. It was observed that the programmes are progressing satisfactorily.


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