Dated:2017-10-24

Finance Minister chaired a meeting to review matters related to Economic Affairs Division

 

Finance Minister, Senator Mohammad Ishaq Dar, chaired a meeting at the Ministry of Finance on Tuesday to review matters related to the Economic Affairs Division (EAD). Secretary EAD and senior officials of the Ministry of Finance and EAD attended the meeting.

Secretary EAD briefed the Minister on his participation in the Pakistan-European Union (EU) Joint Commission Meeting held in Brussels earlier this month. He informed that during the meeting the two sides welcomed continued growth in their broad-based relationship, and appreciated the implementation of the EU-Pakistan 5-year Engagement Plan (2012-17). He said that they looked forward to further deepening the relationship, especially through the Strategic Engagement Plan (SEP).

Secretary EAD also briefed the Minister on the progress of the various ongoing development projects. He apprised the Minister of ongoing negotiations with various donor agencies for finalization of projects in pipeline.

Finance Minister said that the progress of disbursement of foreign grants and loans for infrastructure and energy projects should be diligently monitored. He emphasized the need for timely disbursement of funds so that the people at large can benefit from successful and timely completion of the projects.. He urged EAD to undertake all efforts for efficient utilization of the funds. Finance Minister directed EAD to maintain close coordination with Federal Ministries as well as the Provincial Governments in this regard.