Govt initiating projects to reduce burden on public sector: Khusro Bakhtiar
Last updated on: 18 March,2019 09:43 pm
The minister appreciated the role of the ADB for the restoration of infrastructure.
ISLAMABAD (Dunya News) – Federal Minister for Planning, Development and Reforms Makhdoom Khusro Bakhtiar on Monday said that projects were being initiated with the government to reduce burden on public sector.
He said this is his meeting with a delegation of the Asian Development Bank (ADB) led by Director General who called on him at Ministry of Planning on Monday.
Member Private Sector Development and other officials of the ministry attended the meeting.
The minister while welcoming the delegation lauded the role of ADB in modernizing infrastructure initiatives in Pakistan, adding that the cooperation further needed to be expanded in the education, health, water, energy and infrastructure especially in the under developed areas of the country .
Khusru Bakhtiar said that the government was also trying to use cities as engine of growth and trying to develop 50 intermediate cities across the country by developing basic urban infrastructure.
He also stressed the need for impact assessment of the projects on regional growth and creation of job opportunities for locals.
The minister also informed the delegation about the government’s vision of restructuring the public sector and improving the governance for more efficient service delivery.
ADB also ensured that it will help the government in mobilizing required resources in local currency bonds; ADB is ready to provide transaction advisory services for developing institutional capacity and competitiveness.
Werner Liepach said ADB is also working on important infrastructure projects in Karachi and also it has a program with Punjab government regarding intermediate city development. In this regard work is also going on in two cities Sahiwal and Sialkot.