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Tuesday, Jan 04, 2005

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Not to bank on World Bank alone

The Government will approach another agency in case the World Bank declines to approve the structural adjustment loan. This was made clear by the Finance Minister, K. Rosaiah, during the launch of `Samachara sravanthi'.

Replying to questions, he said representatives of the World Bank would be on a 10-day visit to the State from January 9 to hold talks with the Government." If they give, it's all right. If not we'll make alternative arrangements," he said.

Asked about payment of interim relief to employees pending the receipt of PRC, he said the commission had been asked to submit its report at the earliest. He said the Government would make necessary allocation in the budget after receiving the report.

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