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World Bank ‘Committed’ to Pakistan’s Long-Term Development

The World Bank (WB) Tuesday extended its commitment towards Pakistan’s long-term development with a focus on transitioning to renewable energy, particularly solar and hydropower.

WB’s South Asia Vice-President Martin Raiser assured the cash-strapped nation regarding optimisation of its cooperation in the years to come. He also appreciated the existing collaboration with Pakistan and its relevant government agencies.

The assurance came in a meeting of Pakistan’s Ambassador to the US Masood Khan with the World Bank’s official in Washington to advance cooperation in the development and climate response sectors.