Dawood lauds WB’s contribution in Pakistan, seeks further assistance

ISLAMABAD: World Bank has played an important role in modernising and supporting various development initiatives in Pakistan, said Advisor to Prime Minister on Commerce Abdul Razak Dawood during a meeting with a World Bank delegation, led by Country Director Patchamuthu Illangovan, on Thursday.

“The cooperation needs to be expanded further so as to improve the business and investment environment in the country,” he added.

The advisor maintained that the current government was committed to taking necessary measures to promote ease of doing business, enhance export competitiveness and enable industrialization in Pakistan.

He highlighted the importance of agriculture sector, which was critical for the growth of the industrial sector. “Different strategies, based on international best practices, are being discussed to induce efficiency and competitiveness in the industrial and agricultural sectors,” he added.

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Dawood also informed the delegation about the government’s vision of restructuring the public sector and improving the government for more efficient service delivery.

The delegation appreciated the present government’s commitment to creating an enabling environment for foreign direct investment and ease of doing business. They professed that with the current thrust on introducing business-friendly policies, Pakistan may become competitive in the region.

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