World ready to help end energy crisis, claims Dar

Published November 4, 2013
Federal Minister for Finance, Senator Mohammad Ishaq Dar called on President Mamnoon Hussain. — Photo by APP
Federal Minister for Finance, Senator Mohammad Ishaq Dar called on President Mamnoon Hussain. — Photo by APP

ISLAMABAD: Finance Minister Ishaq Dar told President Mamnoon Hussain on Sunday the international community was ready to help Pakistan tackle its energy crisis.

“Controlling energy crisis is the top priority of the government,” Senator Dar told the president.

Mr Dar called on the president at the President House and apprised him of the overall economic situation in the country.

The minister informed the president that during his recent visit to Washington to attend the annual meetings of the International Monetary Fund and World Bank, he met deputy prime minister of Japan, finance ministers of Afghanistan, Iran, Qatar and the UK on the sidelines and discussed with them matters of bilateral economic cooperation.

He informed the president that economic measures taken by the government had been appreciated by the international community which had once again started looking towards Pakistan as a destination for Foreign Direct Investment.

Senator Dar also apprised President Hussain about his meetings with international financial institutions, banks, rating agencies, heads of OPIC, USAID, IFC and senior officials of the IMF and World Bank.

“International financial institutions are now favourably inclined to invest in Pakistan in line with priorities set by the government,” the finance minister said.

He informed the president that he had held in-depth discussions with them to attract investment in the energy sector particularly to commence work on the Dasu Hydropower Project and Diamer Bhasha dam.

Senator Dar assured the president that the government was committed to improving economic condition of the people and was following strict financial discipline, prudent policies, transparency, austerity and accountability.

President Hussain praised the efforts being made by the government to pull the country out of its economic difficulties and expressed the confidence that it would continue to work for the welfare of the people and to improve the economic condition of the country.

Opinion

Pakhtuns, state and nationalism
Updated 15 Oct 2021

Pakhtuns, state and nationalism

They have lost the most in the ‘war on terror’. Why then is the PM painting Pakhtuns as a nation of holy warriors?
Unity of faith
15 Oct 2021

Unity of faith

There is unity in the apparent diversity of faith traditions.
The people’s page
Updated 15 Oct 2021

The people’s page

Many are disillusioned with the ‘Naya Pakistan’ narrative.
The next 22 months
Updated 14 Oct 2021

The next 22 months

There are at least 11 key challenges which the government will face in the run-up to the next polls.

Editorial

No need for NAB
Updated 15 Oct 2021

No need for NAB

THE National Accountability Bureau has sent instructions to its regional bureaus to stop processing cases that fall...
Forced conversions
Updated 15 Oct 2021

Forced conversions

THE majoritarian view has once again prevailed in the matter of bringing about legislation against forced conversion...
15 Oct 2021

Transgender rights

MEMBERS of the transgender community in the country are often at the receiving end of both their families’ and...
One big mess
14 Oct 2021

One big mess

At its core, the tension is the result of blurring of institutional boundaries witnessed since the PTI government came to power.
Tareen’s admission
Updated 14 Oct 2021

Tareen’s admission

PRIME MINISTER Imran Khan’s estranged friend Jahangir Khan Tareen has finally confirmed what has long been alleged...
14 Oct 2021

Dengue outbreak

DENGUE cases continue to rise at an alarming rate in several cities of KP and Punjab. According to data provided by...