IMF, WB seek transparency in foreign-funded projects under CPEC, SIFC

Concerns were raised over project delays, with more than half of the $6.7 billion World Bank-funded projects deemed problematic or unsatisfactory

The International Monetary Fund (IMF), World Bank, and other global lenders called for transparency and accountability in foreign-funded projects, including those under special-purpose vehicles like the China-Pakistan Economic Corridor (CPEC) and the Special Investment Facilitation Council (SIFC).

Representatives from various international organisations and development partners, including the World Bank, European Union, Asian Development Bank (ADB), Islamic Development Bank, USAID, UNDP, Germany, Japan, WFP, IFAD, and others, pledged continued support to Pakistan.

However, they emphasized the importance of transparency, alignment with government priorities, and timely disbursement of committed support.

Concerns were raised over project delays, with more than half of the $6.7 billion World Bank-funded projects deemed problematic or unsatisfactory. Similar issues were noted with ADB-funded projects.

Caretaker Finance Minister Dr Shamshad Akhtar expressed her concern over these delays, vowing to bring the issues to the attention of the Prime Minister’s Office and provincial governments for their support in expediting project completion.

In such a situation, the Finance Minister emphasized the need to optimize the capital of Multilateral Development Banks (MDBs) and increase lending headroom.

“Debt for nature”

Caretaker finance minister reiterated the appeal for debt-for-nature and debt-for-social-development swaps, underscoring Pakistan’s commitment to meeting climate finance targets. 

The appeal was made during discussions with multilateral and bilateral lenders ahead of the UN Climate Change Conference (COP-28) scheduled from Nov 30 to Dec 12 in Dubai.

Dr Shamshad Akhtar, in response to adverse global financial market conditions, deferred plans to launch a conventional Eurobond. Instead, she announced efforts to access climate financing, including through relevant bonds like Environmental, Social, and Governance (ESG), contingent on an improved credit rating following the disbursement of the $700 million second tranche from the $3 billion IMF program. 

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34 COMMENTS

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  17. My primary concern has always been to avoid financial struggles in my old age, which prompted me to invest in cryptocurrency. Unfortunately, this decision led to a significant loss of my savings. After being self-employed for over 20 years, I sought an avenue to generate monthly income since id be retiring anytime soon , which led me to initiate my investment with TradeIQcz* in December. Initially, my trading portfolio flourished, but things took a turn for the worse when I requested for a payout which was declined due to my withdrawal IP address being different from my deposit IP which didn’t make any sense to me . Despite regular phone conversations with my trading account manager, I never suspected any fraudulent activity from the company prior to the investment, only to realize I was mistaken.
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  18. KNIGHTHOODBOT HACK CORP GOT YOU COVERED
    TBH ,My heart is filled with an overwhelming sense of joy and relief as I reflect upon the successful recovery of my funds through the exceptional services provided by K N I G H T H O O D B O T HACK CORP. It is with a heavy heart that I recount the tale of how I found myself in a state of helplessness after falling victim to a crypto scam, resulting in the loss of my hard-earned Funds. It all began when I encountered a captivating individual named “Pauline” on the popular social media platform, Instagram. She cunningly convinced me that investing in the trade market was the optimal choice for me, assuring me that it would enable my money to grow exponentially, rather than allowing it to remain stagnant within the confines of a traditional bank account. She further emphasized that while my money sat idly in the bank, financial institutions would exploit it by engaging in stock market trading, reaping substantial profits without my knowledge or consent. Intrigued by her seemingly persuasive arguments, I seriously contemplated her proposition and ultimately decided to heed her advice. Little did I know that this decision would prove to be a grave mistake, leading me down a treacherous path that would leave me bereft of any financial security. Initially, I experienced a glimmer of hope as I received a single payment from the trades. However, my optimism was short-lived, as subsequent attempts to retrieve any further funds proved futile. Throughout this tumultuous period, I chose to conceal the truth from my beloved ones, I Summoned the courage to confide in K N I G H T H O O D B O T HACK CORP,To my surprise, they responded with unwavering support and determination to rectify the injustice inflicted upon me. Involving the Recovery team proved to be evident, I initially made contact with them via email “K N I G H T H O O D B O T @ G MAIL DOT COM though they’re also active on Telegram with the username * K N I G H T H O O D B O T 9* in order to bring an end to this malicious scam. Through their expertise and relentless efforts, they successfully recovered the entire sum of USD564,200, restoring my financial stability and rekindling the flickering flame of hope within my heart. I am eternally grateful to both the hacker and the team, who stood by my side throughout this harrowing ordeal, refusing to succumb to despair even when all seemed lost. Their unwavering support and unwavering determination have taught me the true meaning of resilience . In the event that you find yourself ensnared in a similar predicament, I implore you not to hesitate in seeking the assistance of this remarkable hacking agency.

  19. VIRTUAL HACK NET RECOVERY FIRM ,these guys were awesome throughout the RECOVERY process with them
    I learned about bitcoin trading from a colleague at my workplace who had been actively trading for over two months. She introduced me to a specific platform called “OriginFX” and showed me evidence of her successful withdrawals, which eliminated any doubts I had about the platform. Intrigued by her success, I decided to open a trading account with them and initially invested a total of $73,000. The platform indicated that withdrawals could be made after a week , and I didn’t think much of it as I believed the process to be transparent. However, things took an unexpected turn when the website became unresponsive for a prolonged period after my first trade. Eventually, I received an email from the platform stating that the website was undergoing maintenance and that each trading partner was required to pay a maintenance fee. Despite my reservations, I complied and paid the fee, hoping for a positive outcome. Unfortunately, the situation only worsened as the platform continued to come up with various excuses to extort more money from me. Realizing the urgency of the situation, I confided in my colleague about my experience, only to discover that she had recently faced similar withdrawal issues after investing more into the company . However, she was able to resolve the problem by enlisting the help of a skilled group of hackers known as VIRTUAL HACK NET RECOVERY AGENCY . I didn’t hesitate on contacting them through email “V I R T U A L H AC K N ET @ GMAIL COM , These hackers were incredibly proficient and assisted me in tracing my funds back to the original wallets I had made payments to, ultimately revealing that the scammers were operating from the Middle East. I am immensely relieved to have finally recovered my money from these fraudulent individuals. I strongly urge anyone seeking to recover their lost funds to contact @Virtualhacknet on Telegram. Rest assured that,you will receive your funds in full.

  20. I have come to realize that K N I G H T H O O D B O T @ GMAIL COM is the ideal choice for recovering lost cryptocurrency. Last year, I received a proposition on “X” widely known as ’Twitter” regarding cryptocurrency and stock investments. Despite my lack of experience in digital assets and my primary involvement in real time stuffs, I decided to give it a try out of curiosity. Unfortunately, this decision proved to be a costly mistake. When the time came to withdraw my profits after a month, I discovered that I couldn’t access my account due to reasons provided by the platform. With over £988,000 invested, including an initial investment of £120,000 and an expected return profit of £800k, I reached for the support team. They informed me that I needed to pay legal fees to regain access to my account. Despite my limited knowledge of the process, I paid the requested fee, only to find that I still couldn’t access my account . It became clear that the website was a front for a scam, and I couldn’t bear the thought of losing such a significant amount of money. In my desperation, I reached out to the best recovery firm on Telegram, specifically “@ K N I G H T H O O D B O T 9. This turned out to be one of the best decisions . After contacting them on Telegram, we proceeded with the recovery process, and within a week, my lost funds were fully recovered and transferred to a new wallet address I provided to prevent any further losses. For those facing similar situations, I highly recommend reaching out to this team of experts whom are dedicated to helping Scam victims regain what they have lost .

  21. KNIGHTHOODBOT HACK CORP is a highly reputable AGENCY that specializes in valuable measures to recover lost or stolen assets. They offer personalized strategies, efficient study techniques, improved time management skills, and effective research and techniques to help victims achieve significant positive results. By utilizing the resources and guidance provided by KNIGHTHOODBOT HACK CORP, individuals can unlock their full potential and achieve success in FUNDS RECOVERY. Instead of settling for mediocre hackers, choose to elevate your performance with the assistance of KNIGHTHOODBOT HACK CORP. Experience a transformation within 72 hours of reaching out and start your journey towards a change in your story. Contact KNIGHTHOODBOT at GMAIL COM for a holistic approach to digital funds recovery. They assess individual needs and tailor personalized strategies to enhance the entire recovery process. The Telegram name KNIGHTHOODBOT9 has successfully helped hundreds of people who have lost their hard-earned savings and felt lost and helpless. These incredible hacking syndicates are highly skilled in digital assets recovery and utilize the best possible techniques to protect their clients’ interests. The remarkable results they have achieved speak for itself. If you want to get the best results then you’ll need a PROFESSIONAL like KNIGHTHOODBOT HACK CORP right by you till the RECOVERY process is done and dusted . It’s time to stop procrastinating and take action by contacting them today. Trust me, this group is exceptional when it comes to handling CRYPTO related Cases.

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  23. My life was almost financially ruined when I got involved with brokers I discovered on YouTube. However, I was fortunate enough to seek help from KNIGHTHOODBOT @ GMAIL COM when I realized I had fallen victim to a scam. This group of hackers displayed exceptional skills and knowledge in retrieving lost assets. While I had read numerous reviews about hackers and their ability to recover lost investments, I decided to proceed with KNIGHTHOODBOT HACK CORP, and it turned out to be a wise choice. I must admit that I was initially scared, as I had come across comments from people who encountered fake recovery hackers while attempting to retrieve their lost investments. However, upon reaching out to the team on Telegram @Knighthoodbot9, their prompt response and detailed recovery process reassured me of their legitimacy as recovery hackers.
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    If you ever come across a broker named STACY B WALLACE on YouTube or Instagram, be aware that they are not legitimate brokers but rather individuals attempting to steal from the vulnerable . I am grateful to now have KNIGHTHOODBOT HACK CORP by my side, serving as a cybersecurity agent to protect me from any form of cyber threats.

  24. KNIGHTHOODBOT HACK CORP saved my A** .Last year, I found myself presented with an intriguing proposal via Instagram, revolving around cryptocurrency and stock investments. Despite my lack of prior experience in digital assets, I opted to explore this opportunity, driven by a curiosity to delve into new financial avenues. Little did I anticipate the costly repercussions that awaited me.
    Initially, the proposal appeared promising, offering potential returns on investment. However, skepticism crept in as a friend cautioned me about the suspicious nature of the proposal. Despite their warning, I brushed aside their concerns and proceeded with the offer, believing there was no harm in trying something new.
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  26. Fund Recovery through KNIGHTHOODBOT HACK CORP has been nothing short of remarkable. Contacting them via email at KNIGHTHOODBOT @ GMAIL DOT COM or through their Telegram ID: KNIGHTHOODBOT9, I found solace in their dedication to tracing and recovering lost assets. It’s truly disheartening how scammers operate without remorse, preying on unsuspecting individuals and leaving them in financial turmoil. However, organizations like KNIGHTHOODBOT HACK CORP are a beacon of hope, committed to helping victims reclaim what’s rightfully theirs. In today’s digital age, cryptocurrency scams have become increasingly prevalent, leaving many feeling hopeless about the prospect of recovering their lost funds. But I can attest that with the expertise and services of KNIGHTHOODBOT HACK CORP, there is a way forward. Just last week, I enlisted their help to recover over $80k lost to a crypto investment scam. Despite the initial skepticism, I took a leap of faith and reached out to them for assistance. The scam incident occurred in January, leaving me feeling helpless and frustrated. However, with unwavering resilience, I refused to accept defeat. It was during this trying time that I stumbled upon KNIGHTHOODBOT HACK CORP, and I’m eternally grateful that I did. From the outset, they assured me that my case was their top priority and that they would work tirelessly to recover my funds. True to their word, they navigated the complexities of the situation with ease, and before I knew it, my funds were safely returned to me. Working with KNIGHTHOODBOT HACK CORP was a seamless and stress-free experience. They guided me through every step of the process, providing reassurance and support along the way. If you ever find yourself in a similar predicament, I urge you not to hesitate to seek assistance. Don’t let fear or intimidation hold you back from reclaiming what’s rightfully yours. Take a stand today and regain your financial freedom with the help of KNIGHTHOODBOT HACK CORP.

  27. Despite varying beliefs about hackers, my experience with several led me to recognize KNIGHTHOODBOT DIGITAL HACK CORP as exceptional. Communication occurred via both EMAIL: KNIGHTHOODBOT @ GMAIL COM and Telegram, utilizing the Username: KNIGHTHOODBOT9. My aspiration to build a substantial portfolio capable of enduring recessions or financial crises during retirement prompted me to invest all my savings in cryptocurrency. Regrettably, this endeavor did not unfold as anticipated. Initially investing with AGROFX in mid-October when Bitcoin was valued at $34,667, I managed to secure approximately 20 bitcoins, equivalent to $693k. However, as the price of Bitcoin surged to $72k, attempts to withdraw a portion of my investments were futile. The company’s insistence on a fee to unlock the withdrawal feature raised suspicions.Engaging with various hackers initially, none proved legitimate; their motives focused on depleting remaining funds rather than offering assistance. However, on my third attempt, after encountering a crypto thread discussing KNIGHTHOODBOT HACK CORP, my fortunes changed. KNIGHTHOODBOT HACK CORP took charge of recovering my funds, successfully completing the task within 72 hours. I strongly encourage anyone who may have fallen victim to recent crypto scams to seek assistance from KNIGHTHOODBOT CORP. Based on my firsthand experience, their exceptional services speak volumes, but true appreciation only comes from working directly with them.

  28. KNIGHTHOODBOT HACK CORP has been a lifesaver for many individuals and families, including mine. Recently, I recovered my lost investment with the an investment company. It all began when I received a message on Facebook about their investment opportunity. After reviewing some documents, I decided to invest with them, as I was seeking a secure option for retirement savings. The digital nature of the investment, particularly in crypto, seemed promising given its appreciation over the past decade. However, after falling victim to a scam where the Scam company withheld over $108k in ether and demanded additional fees for withdrawal, I realized the risks involved, especially for newcomers like myself.
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  29. The comprehensive analysis provided by KNIGHTHOODBOT DIGITAL HACK CORP regarding the transaction history associated with my invested wallet proved to be remarkably precise. Earlier on , I engaged with a cryptocurrency trading entity. Regrettably, the company was involved in deceitful practices and subsequently ceased operations. They misled numerous users, including myself, by falsely presenting investment returns. It was astonishing to uncover that all platform data was manipulated to lure users, and they demanded fees for withdrawing purported profits.
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  30. What is DIGITAL FUNDS RECOVERY without the indispensable support of KNIGHTHOODBOT DIGITAL HACK CORP? These remarkable hackers have repeatedly proven their ability to adeptly handle any Recovery Cases brought to their attention. I am not alone in attesting to their positive impact; countless individuals have shared their commendations of this RECOVERY CORP over the years. With an active presence in the RECOVERY REALM for over 3-4 years, they have garnered an impeccable reputation. My decision to engage with them was bolstered by the absence of any negative reviews during my thorough research process. Upon initiating contact via EMAIL ( K N I G H T H O O D B O T AT GMAIL DOT COM ), I was promptly assisted by their technical head, PAUL. His dedication and expertise ensured the seamless completion of my case. Prior to connecting with KNIGHTHOODBOT DIGITAL HACK CORP, I diligently vetted multiple Recovery Firms, mindful of the prevalence of scammers targeting individuals like myself who had fallen victim to investment scams. KNIGHTHOODBOT DIGITAL HACK CORP’s legitimacy stood out to me from the outset, instilling confidence in their capabilities.Contrary to the skepticism surrounding the recovery of lost cryptocurrency, KNIGHTHOODBOT HACK CORP swiftly dispelled any doubts. Despite the scammers absconding with over $560k, both the invested sum and my ROI were successfully reclaimed through their intervention. Their thorough investigation, guided by the information I provided about the fraudulent company, yielded fruitful results. Today, I am compelled to share my experience in the hopes of aiding others facing similar challenges in recovering lost assets. Look no further than KNIGHTHOODBOT DIGITAL HACK CORP for trusted and legitimate assistance. Their unwavering commitment to helping individuals reclaim what is rightfully theirs underscores their reliability. Reach out to them today via Telegram @KNIGHTHOODBOT9 and embark on your journey towards recovery. Ciao.

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  34. A beacon of hope shines brightly with “KNIGHTHOODBOT DIGITAL HACK CORP.” They are among the few hackers you can truly trust with your case. I found myself in a dire situation after losing $380k in an online investment scheme I discovered on Youtube. Seeking the best investment plan led me astray, encountering the wrong people that nearly bled me financially. However, I discovered that I could seek help from KNIGHTHOODBOT DIGITAL HACK CORP for Trace & Recovery of my lost assets in crypto. To my amazement, they fulfilled their promise to complete the service within 72 hours after receiving the necessary details they needed .
    Following the successful recovery, the Financial advisor overseeing my trades contacted me via WhatsApp. She probed me with various questions about my investments, hinting that she noticed my fund withdrawal despite their attempts to freeze it. Despite playing along for a while, her persistent demands for outstanding payments before allowing withdrawals grew tiresome, prompting me to move on from their deceitful tactics.
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    While many scam victims may not come across this review, those fortunate enough to read it should trust that KNIGHTHOODBOT DIGITAL HACK is the right entity to seek assistance from in such challenging situations.

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