ISLAMABAD: Federal Minister for Finance, Senator Mohammad Ishaq Dar has stressed effective utilization of foreign funds terming it extremely important to ensure achievement of the objective of accelerated economic development.
He expressed these views while chairing a meeting to review the progress of foreign funded projects here on Saturday.
During the meeting, Secretary Economic Affairs Division (EAD) gave a detailed briefing on the utilization of foreign assistance in various sectors, across the country. He apprised the Minister of the various projects in energy, communication, water, and social sectors being implemented with the assistance of different multilateral and bilateral development partners. The Minister was informed that disbursement of foreign assistance to different projects was progressing smoothly.
Finance Minister Ishaq Dar directed that the timely completion of development projects must be ensured. He directed EAD to maintain close liaison with the development partners and remove any impediments in the way of implementation of the projects.—Agencies
