Business

Dar appreciates WB's approval of five energy projects

ISLAMABAD: Finance Minister Ishaq Dar has appreciated World Bank Executive Board’s recent approval for five projects in Pakistan in energy sector.

In a statement, he said approval was manifestation of confidence of international organizations in the continued improvement in country’s economy.

The board of executive directors of the World Bank has approved five energy sector projects, which include Gul Ahmad wind power limited, Tenaga Generasi limited (wind power), Gulpur hydro project, Sindh Public Sector Reform project and acceleration of Tarbela IV extension project.

The Bank’s approval is in line with the government’s 4Es — education, economy, energy and elimination of terrorism — policy.

Ishaq Dar said the projects were a new chapter added to Pak-World Bank economic cooperation.

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