Project Signing: Government and World Bank Sign New Agreement to Strengthen Fiscal Performance of Himachal Pradesh

NEW DELHI, MAY 31, 2017 – The Government of India, the Government of Himachal Pradesh and the World Bank today signed a $36 million loan agreement to support Himachal Pradesh in its efforts to spend money more efficiently by improving the financial planning, budgeting and accounting of public funds in key government departments. The agreements for the Himachal Pradesh Public Financial Management Capacity Building Program were signed by Raj Kumar, Joint Secretary, Department of Economic Affairs, Ministry of Finance, on behalf of the Government of India; Deepak Bhardwaj, Additional Director, Department of Treasuries, Accounts and Lotteries, on behalf of the Government of Himachal Pradesh; and Junaid Ahmad, Country Director, World Bank, India on behalf of the World Bank.

from World Bank Search – NEWS


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