EAD to productively manage resources: Umar

By Staff Reporter

Tuesday – August 28, 2018

ISLAMABAD: Finance minister Asad Umar chaired a meeting on Monday to review the workings of the economic affairs division (EAD), whereat Umar asserted that the assessment of the requirement of foreign assistance is an important function and that EAD is ought to regularly update its assessment of various sectors in order to utilise the valuable resources in the most productive manner.

According to an official statement, he was given detailed briefing on the various aspects of economic cooperation with various bilateral and multilateral development partners.

The briefing included financial progress of different foreign funded projects and the participants of the meeting agreed that certain aspects of potential projects will be included in the pipeline in future.

Umar was also briefed on the debt management function of the EAD.