KARACHI (1st Nov, 2019): The World Bank has agreed to provide $1.93 billion financial assistance to the Sindh government for various new projects.
The MoU signed during a meeting between Sindh Chief Minister Syed Murad Ali Shah and World Bank President David Malpass in Karachi.
During the one-on-one meeting, matters of mutual interest, avenues to enhance bilateral collaboration, ongoing development projects and other issues were came under discussion.
Both the leaders discussed various projects worth $3 billion in the province, sources said. The WB agreed to provide Rs328 million for upgradation of the barrages.
Speaking on the occasion, the chief minister termed Sukkur and Guddu barrages backbone of the rural economy. He said that the government has proposed a new barrage in Sukkur.
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