ISLAMABAD: The Meeting of National Coordination Committee on Foreign Funded Projects (NCC-FFP) was held here at the Ministry of Economic Affairs on Monday to review the Foreign Funded World Bank Project – “Hydro-Met and Climate Services Project worth $188-million”.
The Meeting was chaired by the Federal Secretary for Economic Affairs, Mian Asad Hayauddin and was attended by the Special Assistant to the Prime Minister on Economic Affairs, Federal Secretary Climate Change, World Bank team and other senior officials.
The Federal Secretary for Economic Affairs briefed the participants about the purpose of Hydro-Met and Disaster Risk Management Services Project for Pakistan that is to strengthen Pakistan’s Public Sector delivery of reliable and timely Hydro-Meteorological and Disaster Risk Management Services and enhance community resilience to shocks.
He emphasized the need to address the issues of problematic projects on urgent basis, especially those facing chronic delays so as to pace up disbursements and progress. Special Assistant to Prime Minister for Economic Affairs emphasized the need of quick delivery and resolution of issues that are becoming obstacle to the completion of the project.
For which, he directed tasks to expedite the process of approvals, signings, implementation and monitoring to the involved stakeholders of the project. During the session, the decisions were recorded and deadline was given to the executing agencies to be followed rigorously. The follow-up meeting is decided to be held on August 15 to discuss further progress and monitor compliance of the decisions.