The World Bank has decided to continue providing aid to Pakistan's US $2.2-billion Ghazi Barotha Hydroelectric Power Project after nearly withdrawing from the scheme due to human rights and environmental concerns. The bank had repeatedly expressed unease at Islamabad's lack of seriousness about implementing resettlement and environmental pacts under the project.
The World Bank had earlier set a January 31, 2003, deadline for the Pakistani government to keep its promises. The government's economic affairs division has now convinced it that all conditions stipulated under the loan agreement have been met. The World Bank will now release the final us $52 million instalment of the total us $350 million loan.
We are a voice to you; you have been a support to us. Together we build journalism that is independent, credible and fearless. You can further help us by making a donation. This will mean a lot for our ability to bring you news, perspectives and analysis from the ground so that we can make change together.
.png)
Comments are moderated and will be published only after the site moderator’s approval. Please use a genuine email ID and provide your name. Selected comments may also be used in the ‘Letters’ section of the Down To Earth print edition.