ISLAMABAD - US Ambassador David Hale called on Finance Minister Ishaq Dar here on Thursday.

on the occasion, the envoy handed to the minister a letter from Catherine Novelli, US Under Secretary of State for Economic Growth, Energy and Environment, inviting him to attend the Global Connect Initiative (GCI) meeting being hosted by the US State Department and the World Bank.

The ambassador said the event, scheduled to be held on April 14, 2016 in Washington, was particularly focused on bringing finance ministers from different countries, industrialists and multilateral development bankers together.

US Secretary of State John F. Kerry, WB President Jim Yong Kim and US Secretary of Treasury Jack Lew are likely to attend the event. Hale further said that GCI had been launched by the USA on the margins of UN General Assembly in September 2015.

The launch was joined by WB President Jim Yong Kim and Estonian President Toomas Hendrik Ilves.

Catherine, in her letter, also sought support from the Government of Pakistan for the Initiative and its goal to help bring an additional 1.5 billion people online by 2020. Dar, accepting the invitation, asked the envoy to convey his regards and thanks to Catherine for extending him the invitation.

Meanwhile, the newly appointed Country Director of the United Nations Population Fund (UNFPA), Dr. Hassan Mohtashami, accompanied by UN Resident Representative Neil Buhne paid a courtesy call on Dar, who welcomed him to Pakistan and assured him of all possible cooperation and support for undertaking his official obligations.

Mohtashami, on the occasion, praised the economic achievements of the government. He shared with the minister his experiences in the field of population welfare, adding the UNFPA was prepared to extend all possible support to Pakistan for population welfare programmes.

He thanked Dar for taking time out of his busy schedule to receive him for the meeting.

Dar reviews portfolio of

WB projects in Pakistan

INP: Federal Minister for Finance Senator Mohammad Ishaq Dar chaired a meeting to review portfolio of World Bank (WB) projects in Pakistan here on Thursday.

WB Country Director Pochumuthu Illangovan along with other senior officials of WB, senior officials of the Finance Division, EAD and FBR attended the meeting. Ishaq Dar said that having achieved economic stability, the government is now fully focused on achieving growth and employment generation. He said the government highly appreciated the contribution of the WB for various development projects and said the recent visit by the Bank’s president proved further boost to fostering Pak-WB cooperation.

Pochumuthu Illangovan said the WB would continue to finance different projects in Pakistan and that he looked forward to further strengthening Pak-World Bank cooperation in future.

The reforms, it may be mentioned aim at enhancing the investment climate, promoting capital market development, enhancing financial Inclusion, corporate governance, improving debt management and expanding social protection.