{"id":83822,"date":"2022-02-11T11:54:41","date_gmt":"2022-02-11T06:54:41","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=83822"},"modified":"2022-02-11T11:54:46","modified_gmt":"2022-02-11T06:54:46","slug":"ongoing-54-wb-funded-projects","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/ongoing-54-wb-funded-projects.html","title":{"rendered":"Minister receives briefing on ongoing 54 WB-funded projects"},"content":{"rendered":"\n<p>Islamabad: Federal Minister for Economic Affairs Omar Ayub Khan was briefed by World Bank (WB) Country Director Najy Benhassine on the 54 ongoing projects in Pakistan, according to news published on Thursday (February 10).<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/wb-punjab-affordable-housing.html\">WB to support Punjab improve access to<\/a><a rel=\"noreferrer noopener\" href=\"https:\/\/www.zameen.com\/news\/wb-punjab-affordable-housing.html\" target=\"_blank\"> <\/a><a href=\"https:\/\/www.zameen.com\/news\/wb-punjab-affordable-housing.html\" target=\"_blank\" rel=\"noreferrer noopener\">affordable housing<\/a><\/p>\n\n\n\n<p>A review meeting was held to check the progress of 54 projects being financed by WB with an accumulative worth of USD 12.4 billion. The meeting was attended by senior officials of the Economic Affairs Division (EAD) and the WB team. Out of the total projects, 23 projects, worth USD 7.8 billion are being executed by the federal government. So far, USD 3.4 billion has been disbursed for the projects.&nbsp;<\/p>\n\n\n\n<p>During the meeting, the projects related to the energy sector were discussed, which includes Dasu Hydropower (Stage 1) Project, Tarbela Fourth Extension Hydropower Project, and National Transmission Modernization Project. The minister ordered to speed up the implementation of Islamabad West Substation so the work on the Dasu Hydropower Project can be expedited.&nbsp;<\/p>\n\n\n\n<p>Moreover, the meeting informed Minister Khan of the National Immunization Support Project that will be completed by June 2022. Other projects that were discussed in the meeting were National Health Support Program, <a href=\"https:\/\/www.zameen.com\/news\/wb-pakistan-prior-actions-rise-ii.html\" target=\"_blank\" rel=\"noreferrer noopener\">Resilient Institutions to Sustainable Economy<\/a> (RISE-II), Pakistan Housing Finance (Additional Financing), and Program for Affordable &amp; Clean Energy (PACE-II).\u00a0<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/wb-green-stimulus-project.html\" target=\"_blank\" rel=\"noreferrer noopener\">WB approves USD 120 million for Green Stimulus project<\/a><\/p>\n\n\n\n<p>Reportedly, the federal minister ordered the EAD officials to establish a project management unit in the division with the assistance of the Asian Development Bank (ADB) and WB. The unit will efficiently monitor the development projects<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Federal Minister for Economic Affairs Omar Ayub Khan was briefed by World Bank (WB) Country Director Najy Benhassine on the 54 ongoing projects in Pakistan, according to news published on Thursday (February 10). Read: WB to support Punjab improve access to affordable housing A review meeting was held to check the progress of 54 projects being financed by WB with an accumulative worth of USD 12.4 billion. The meeting was attended by senior officials of the Economic Affairs Division (EAD) and the WB team. Out of the total projects, 23 projects, worth USD 7.8 billion are being executed by the federal government. So far, USD 3.4 billion has been disbursed for the projects.&nbsp; During the meeting, the projects related to the energy sector were discussed, which includes Dasu Hydropower (Stage 1) Project, Tarbela Fourth Extension Hydropower Project, and National Transmission Modernization Project. The minister ordered to speed up the implementation of Islamabad West Substation so the work on the Dasu Hydropower Project can be expedited.&nbsp; Moreover, the meeting informed Minister Khan of the National Immunization Support Project that will be completed by June 2022. Other projects that were discussed in the meeting were National Health Support Program, Resilient Institutions&hellip;<\/p>\n","protected":false},"author":83,"featured_media":61439,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[51102,51103,21890],"persona":[],"class_list":{"0":"post-83822","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-minister-receives-briefing-on-ongoing-54-wb-funded-projects","9":"tag-ongoing-development-projects-in-pakistan","10":"tag-world-bank-wb","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Minister receives briefing on 54 WB-funded projects- Zameen News<\/title>\n<meta name=\"description\" content=\"Federal Minister for Economic Affairs Omar Ayub Khan was briefed by World Bank (WB) Country Director Najy Benhassine on the 54 ongoing projects...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/ongoing-54-wb-funded-projects.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Minister receives briefing on 54 WB-funded projects- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Federal Minister for Economic Affairs Omar Ayub Khan was briefed by World Bank (WB) Country Director Najy Benhassine on the 54 ongoing projects...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/ongoing-54-wb-funded-projects.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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