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Olson and Dar discuss bilateral eco issues

06 December, 2013

ISLAMABAD: US Ambassador Richard G Olson and Finance Minister Senator Ishaq Dar discussed matters relating to bilateral economic issues between the two countries.

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ISLAMABAD: US Ambassador Richard G Olson and Finance Minister Senator Ishaq Dar discussed matters relating to bilateral economic issues between the two countries.

Richard Olson talking to the finance minister reiterated United States has a strong sense of the energy crisis in Pakistan and ws willing to support Pakistan in overcoming the crisis. During the meeting they exchanged views on 1,320 megawatts (MW) Jamshoro Coal Power Plant.

In this connection the Dar told the ambassador that the government was confident that the Asian Development Bank would soon approve a loan for the Jamshoro Coal Power Plant, which would accelerate the efforts of the government to add power to national grid based on cheaper fuel.

The Finance Minister impressed the need for early reimbursements of dues on account of Coalition Support Fund.

This he said will help Pakistan in improving its present foreign exchange reserves position. The US Ambassador assured the finance minister he would convey Pakistan's position to the United States government.

End.


 
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