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     February  06,  2016




Chitral Times Report

Islamabad: Country Director, World Bank Patchamuthu Illangovan called on Finance Minister, Senator Mohammad Ishaq Dar here on Saturday and felicitated him on successful conclusion of the 10thIMF review.

The Minister while sharing with Mr. Illangovan details regarding arrangements for the visit of World Bank President also discussed areas that were likely to come up for discussion during the visit.

The World Bank Country Director said efforts for promoting foreign investment in Pakistan and development of health and education sectors would receive particular attention of the visiting dignitary during discussions. “Aiming high for a prosperous Pakistan” is the World Bank’s outlook for the country. It is in this spirit that visit of President Jim Yong Kim to Pakistan is taking place, Illangovan remarked.

Minister Dar and the World Bank Country Director also discussed matters relating to the DPC-III on growth.

The Minister appreciated the continue cooperation that World Bank was extending for various projects in Pakistan. He hoped that with the visit of World Bank President, this cooperation would be further strengthened.

Mr. Illongovan thanked the Minister for the arrangements being made for the visit of World Bank President who is due to arrive in Islamabad on 9th of February.

Senior officials of the Ministry of Finance and Economic Affairs Division attended the meeting.


Funds to be provided for Security Davison/ additional battalions

Chitral Times Report

Islamabad: Senior officials of the Pak Army had a meeting with Finance Minister, Senator Mohammad Ishaq Dar here on Saturday.

During the meeting progress on various development schemes of Pak Army was discussed. Matters relating to financing and release of funds for the raising of new security division as well as additional 28 security battalions also came under discussion.

Minister Dar said the government attached highest importance to security matters. He assured provision of funds for the new security division and additional battalions and the development schemes being undertaken by Pak Army.

Senior officials of the Ministry of Finance attended the meeting.


The third Meeting of the Quadrilateral Coordination Group (QCG) of Afghanistan, Pakistan, the United States and China held

Chitral Times Report

Islamabad: The third meeting of the Quadrilateral Coordination Group (QCG) of Afghanistan, Pakistan, the United States and China on the Afghan Peace and Reconciliation process was held in Islamabad on 6 February 2016. Foreign Secretary of Pakistan Aizaz Ahmad Chaudhry hosted the meeting. Other delegations were led by Afghan Deputy Foreign Minister Hekmat Khalil Karzai, US Special Representative for Afghanistan and Pakistan Ambassador Richard G. Olson and China’s Special Envoy for Afghanistan Ambassador Deng Xijun.

Building on the progress made in the last two meetings, the Group explored ways for holding early direct peace talks between the authorized representatives of the Afghan Government and Taliban groups. In this regard, the Group also adopted a roadmap stipulating the stages and steps in the process.

The Group stressed that the outcome of the reconciliation process should be a political settlement that results in the cessation of violence, and durable peace in Afghanistan.

Towards this end, the QCG countries agreed to continue joint efforts for setting a date for direct peace talks between the representatives of the Afghan government and Taliban groups expected to take place by the end of February 2016. The QCG members called on all Taliban groups to join the peace talks.

The QCG agreed to continue regular meetings to ensure a smooth way forward in the peace and reconciliation process in Afghanistan. The group agreed to hold its next meeting in Kabul on 23 February 2016.



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