Gilgit-Baltistan:PM Meets ADB Team for DBD Project Financing

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ISLAMABAD (Dawn): Prime Minister Raja Pervez Ashraf on Friday said that the Diamer-Bhasha Dam project was of great importance and there was a national consensus on it.

The prime minister expressed these views in a meeting with a six-member delegation comprising Board of Directors of Asian Development Bank (ADB) led by Maurin Sitours at the Prime Minister House here.

The prime minister said that the ADB had been a very reliable partner of Pakistan, which had extended technical and financial assistance to it in many development projects.

He said that Pakistan greatly valued the co-operation extended by the ADB.

“It is my earnest desire that we should concentrate on a few strategic projects so that they can be completed in time and yield results,” said the Prime Minister.

The leader of the ADB delegation informed the prime minister that his delegation had useful discussions with Pakistan’s financial team.

Maurin Sitours also informed the Prime Minister that he would convey to the ADB President Pakistan’s interest in the Diamer-Basha Dam.

The prime minister said that the Diamer-Basha Dam would not only provide additional water storage capacity but also produce cheap electricity.

The prime minister said that the BISP was government’s flagship programme, which was aimed at targeting the poorest of the poor. The BISP, he said, had recently launched new projects and was a major tool of government to address poverty.

Minister of Finance Dr Abdul Hafeez Shaikh, Federal Minister/Chairperson BISP Madame Farzana Raja and senior officials were also present during the meeting.

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