report prioritizes $28.2 billion water and hydro power projects to be completed under ADB guidelines and safeguards for loans and technical assistance.
was created by President Asif Ali Zardari in 2008 as forum for raising funds for development of its infrastructure as a support to democratic set up.
Additional Secretary (Europe & FoDP
) also met Pavel Solc, Deputy Minister in the Czech Ministry of Industry and Trade.
does leave it up to the politicians "It is Pakistan's political and policy leaders who will have to decide the course of action" - whether to have a binding commitment from provinces and the lending agencies or follow the normal decision process of five-year plans, annual budgets and partnership strategies with lenders about a roadmap.
The two-day event which opens today will consider long-term institutional partnerships between various institutions in Pakistan and their counterpart organisations in FoDP
Pakistan had to lobby hard for the augmentation and the extraordinary permission from the IMF to use part of the tranche for budgetary purposes - a bridge to the FODP
, which includes the US have approved the project thinking it of vital importance for the revival of Pakistan's economy in which they are already helping us.
members recognized the reconstruction requirements were daunting
is a group aimed to extend support to the Democratic Government of Pakistan in its efforts to consolidate democracy in Pakistan and support social and economic development in the country.
France had committed to provide 300 million euros to Islamabad during the FODP
conference held at Tokyo in April 2009 and after passing more than one and half year period now projects are getting shape for pouring money into the grounds.
According to a report by Ministry of Economic Affairs, FoDP
had to pay $6.94 billion by June 30, 2010, but as opposed to it, they paid $3.63 billion to Pakistan.
Senior officials of FODP
reviewed the demands and needs of Pakistan and discussed various development projects in this regard and assured to extend their help and cooperation.