World Bank chief praises Pakistan

[struggle4progress]

<snip> At the end of a four-day visit to Pakistan, Mr Wolfowitz announced a $500m increase in World Bank assistance for the next three years. <snip>

Paul Wolfowitz is travelling to India and Bangladesh after his visit to Pakistan.

In Andhra Pradesh, four left-wing groups held a demonstration in advance of his visit.

"Each loan brings new conditions against the interest of the state and its people," said protest leader DV Krishna. <snip>

http://news.bbc.co.uk/1/hi/world/south_asia/4160304.stm

[54anickel]

1. WTF? Wolfie wasted no time taking over the purse strings. n/t

[struggle4progress]

3. Yep. He's busy wrappin those "purse-strings" around their necks. eom

[Roland99]

2. Well....DUH! Pakistani PM (Aziz) worked with Wolfie at Citibank!!

http://www.upi.com/view.cfm?StoryID=20040626-120058-6892r

Published 6/26/2004 3:01 PM

WASHINGTON, June 26 (UPI) -- Pakistan's ruling party nominated Saturday a new interim prime minister, Chaudhry Shujaat Hussain, hours after the resignation of the incumbent premier.

Hussain heads the ruling Pakistan Muslim League (Q) party, which also announced in Islamabad that Finance Minister Shaukat Aziz will be elected the new regular prime minister in three months.

Aziz was a senior official at the City Bank in the United States before he went to Pakistan to become the finance minister three years ago.

<...>

He is a personal friend of U.S. Deputy Secretary of Defense Paul Wolfowitiz. Since he also has headed City Bank's operations in Saudi Arabia, Aziz also enjoys good relations with the Saudi monarchy.

[struggle4progress]

4. Thanks for this tidbit. eom