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PRESS RELEASE

World Bank Managing Director Visits Pakistan

August 1, 2015

ISLAMABAD, August 01, 2015 - World Bank Managing Director and Chief Operating Officer Sri Mulyani Indrawati arrived today on a three-day visit to Pakistan. She is accompanied by Annette Dixon, Vice President for the South Asia Region of the World Bank.

During her visit, Indrawati will meet with the leadership in Pakistan to update herself on Pakistan’s reform program and discuss what support the World Bank can provide for it. 

“The Government has successfully stabilized the economy and it now needs to sustain reforms”, said Indrawati.  “I am happy to be visiting when the country is poised to move from the phase of economic stabilization to sustainable and equitable growth by deepening reforms and investments.”

Indrawati will also visit development projects, meet with private sector, beneficiaries, and youth representatives, and exchange ideas with academia and think tanks.

The World Bank Group in Pakistan:

The World Bank Group’s program in Pakistan is governed by its Country Partnership Strategy (CPS) agreed with the government. The World Bank Pakistan portfolio has 25 investment lending projects under implementation with a total net commitment of $4.95 billion. IFC, the World Bank Group’s private sector arm, has a committed portfolio of about $1.2 billion in 47 companies, of which infrastructure (energy, ports, and transport) accounts for 53 percent, general manufacturing and services 15 percent, and financial markets 32 percent.

Media Contacts
In Islamabad
Shazhad Sharjeel
Tel : (+92-51) 227 9641
ssharjeel@worldbank.org
In Washington
Joe Qian
Tel : +1 (202) 473-5633
jqian@worldbank.org



PRESS RELEASE NO:
2016/041/SAR

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