Accountability needed

Published: April 25, 2012

KARACHI: This is with reference to the news item “World Bank allocates $1.8b for Pakistan this year” (April 23). The fact that the World Bank has allocated money for the energy and water sectors is seemingly a beacon of hope for these sectors.

However, the problem we face is not the lack of money as simply injecting money into the economy will not solve our problems. What we need is a transparent system — an assurance that the money is spent on the purpose it was meant to be spent for. Where has the $1.2 billion, which was allotted by the World Bank last year, gone? The citizens of Pakistan have a right to this information.

I sincerely hope that a system of accountability is set up because we are already treading in deep waters. Unless some action is taken by the government, it may be too late for us to be saved.

Khadija Mustafa

Published in The Express Tribune, April 26th, 2012.

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Reader Comments (1)

  • Meekal Ahmed
    Apr 26, 2012 - 4:32PM

    These are project loans. The average time to complete a project is about 5 years. So projects are slow-moving affairs and there are always implementation problems and challenges.

    I have seen and participated in WB monitoring of project implementation. They are very good at tracking progress. Remember, they are accountable to their share-holders back in Washington, to audit and evaluation by the Operations Evaluation Department of the WB.

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