US to continue civilian assistance, finance large energy projects


Islamabad: Federal Minister for Finance, Dr. Abdul Hafeez Sheikh called on Prime Minister Syed Yusuf Raza Gilani at PM’s House here this afternoon and apprised him about the communication made with the US Deputy Secretary of State, Thomas R. Nides. He informed that the following were assured by US Deputy Secretary of State Continuation of Civilian Assistance

Willingness to undertake major projects in the energy sector including the Diamer Bhasha Dam

Preparation of programme to reflect priorities set by the Government of Pakistan

The Minister further briefed the Prime Minister about the discussion on Coalition Support Fund (CSF) which is the reimbursement of expenditures already incurred by the Government of Pakistan in war against terror.

The Prime Minister expressed satisfaction over the future plans explained by the Minister of Finance for the development projects and other macroeconomic variables.

The Prime Minister asked the Minister to accelerate work on development agenda of the government in view of the enhanced availability of funds in the current fiscal year.

Dr. Abdul Hafeez Sheikh also informed the Prime Minister about the current fiscal developments after the successful passage of budget.

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