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Pakistan seeks World Bank funding for Diamer Bhasha Dam

Pakistan seeks World Bank funding for Diamer Bhasha Dam

The World Bank has expressed the commitment to continue working with Pakistan and appreciated its progress in stabilizing macroeconomic framework.

This committment was made by Chief Executive Officer of World Bank Ms. Kristalina Georgieva, who called on Prime Minister Shahid Khaqan Abbasi in New York today.

She termed Pakistan’s role in the Indus Water Treaty as positive and constructive, saying the World Bank is now finding out ways to move forward on the Treaty.

Shahid Khaqan Abbasi said Pakistan has no ambiguity on the terms of the Treaty and want to remain engaged with World Bank to find a mutually negotiated solution.

He thanked World Bank’s support in Tarbela-4, Tarbela-5 and Dasu Hydropower Project.

The Prime Minister also sought World Bank’s support for Diamer Bhasha Dam.