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Zardari calls Int’l donors to help in overcoming energy crises

President Asif Ali Zardari has called upon the international donor agencies to support democratic government for strengthening of its economy and help in overcoming severe energy and water crisis.

The President said that the democratic Government had taken difficult and unpopular decisions for economic recovery.

According to Presidential Spokesman, the President said during a meeting with Vice President World Bank Isabel Guerrero who called on him at Aiwan-e-Sadr Thursday.

Yusupha B. Crookes, Country Director, Thomas Buckley, Senior Country Officer for Pakistan, Satu Kahkonen, lead Economist, were also present during the meeting. From Pakistan side, Dr. Abdul Hafeez Shaikh, Economic Advisor, Malik Asif Hayat, Secretary to the President, Secretaries Finance and Economic Affair Division were also present.

The President called upon the Bank to consider financing energy and water sector projects in Pakistan. He said that severe energy and water crisis were adversely affecting the economy and urged the Vice President to highlight various economic measures of Pakistan Government to the international financial institutions to help solicit greater economic support for Pakistan.

The President said that the democratic Government inherited weak economy and its resources were drained as a result of ongoing war against militancy. It was now the moral obligation of the international community to step forward and help Pakistan compensate its colossal loss in terms of financial as well as human resources, the President said.

Isabel Guerrero briefed the President about various projects of the Bank and thematic areas of financing by the Bank in Pakistan.



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