World Bank Aprroves $1.3 Billion For Projects in Pakistan

The Minister for Economic Affairs, Makhdum Khusro Bakhtyar, attended the signing ceremony of several project agreements worth $1,336 million, including a grant of $128 million with the World Bank at the Ministry of Economic Affairs today.

This financing will support the government’s initiatives in Social Protection; Disaster and Climate Risk Management; Improving Infrastructure for Resilience; Agriculture and Food Security; Human Capital Development; and the Governance Sectors.

The minister thanked the World Bank Country Management for extending its continuous support to the Government of Pakistan to achieve sustainable economic development in the country. He said that this continued and enhanced support shows the confidence of the international financial institution and the development partners in the progress and reforms being taken by the present government.

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