CM Sindh discusses $3.25 billion projects with WB Country Chief

Bureau Report

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that with the support of the World Bank his government wants to work in human capital, poverty reduction, stunning, revenue mobilization and economic reform.
Talking to the Country Director of World Bank Najy Benhassine here at CM House on Friday, said a statement. He was accompanied by Operation manager Melinda Good and Senior Operation Officer Amena Raja. The meeting was attended by Provincial Ministers Nasir Shah, Awais Shah, Chief Secretary Mumtaz Shah, Chairman P&D Mohammad Waseem, PSCM Sajid Jamal Abro, provincial secretaries Najam Shah, Kazim jatoi and others.
The meeting discussed 18 projects of $ 3.25 billion, including $ 1.64 billion ongoing and $ 1.605 billion in the pipeline. The chief minister said that five projects were scheduled to close during the currently financial year. They include Sindh Agriculture Growth Project of $86 million, Sindh Irrigation Agriculture Productivity Enhancement Project of $76 million, Public Sector Management Reform of $50 million, Sindh Enhanced Response to Reduce Stunting $187 million and Karachi Neighborhood Improvement Program (KNIP) $86 million.
He said that the World Bank was committed to release $461 million against which $267.7m have been released so far and the remaining amount of $193.3m were yet to be released. These projects would complete by end of this year, therefore they should be given priority in terms of financial support. It was pointed out that the projects to be launched in partnership with the world bank include Sindh Water & Agricultural Transformation, Sindh Early Warning Enhancement Through Class Room Transformation.