ADB, World Bank to Tie Pakistan Aid to Energy Reforms, Officials Say

The Asian Development Bank and the World Bank are reportedly linking their financial assistance to Pakistan to the implementation of reforms within the country’s National Electric Power Regulatory Authority.

“There is unannounced stoppage of multibillon dollar funding from donors, so the implementation of envisaged power sector reforms is quite crucial,” officials reportedly said, according to The News International, a Karachi-based newspaper.

About the author

  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.