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ADB VP meets

Jafarey

ISLAMABAD: The Vice-President of Asian Development Bank, Mong Suh Lee held a meeting with the Adviser to PM for Finance and Economic Affairs, V.A. Jafarey here on Tuesday afternoon.

They discussed ADB's portfolio on development project in Pakistan and funding of critical new projects in the development of physical and social infrastructure. Lee appreciated the aid utilization performance of Pakistan in 1994 in which Pakistan achieved the highest level of disbursement in comparison with all other development member countries of ADB.

Earlier, the Adviser briefed the Vice-President on the current state of economy and the prospects for future. He also expressed satisfaction at the close ties between Pakistan and the Bank.

Lee is currently visiting Pakistan in connection with the inauguration of the new office of Asian Development Bank's Resident Mission in Islamabad.-APP