State collaborating with WB for 1,714cr project: Cheema

Punjab finance ministerHarpal Singh Cheemasaid on Wednesday that the state was collaborating with theunder a $215 million (Rs 1,714.89 crore)BFAIR(building fiscal and institutional resilience) project in which the states contribution will be $65 million (Rs 518.72 crore).

He claimed that unlike the other loans, this Money will be for systemic reforms in five departments, of finance, planning, Governance reforms, Local Government, and womens and child development.