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ADB approves $385 million loan for KP's urban development project

The Asian Development Bank or ADB has approved a $385 million loan to help improve the livability and community health of five cities in Pakistan’s Khyber Pakhtunkhwa. In a statement on Friday, ADB said that the Khyber Pakhtunkhwa Cities Improvement Project will help construct two clean water supply treatment facilities, three sewerage treatment facilities, and will rehabilitate dysfunctional tube wells among several other important subprojects in Abbottabad, Kohat, Mardan, Mingora, and Peshaw...
North West Frontier Asia Yevgeniy Zhukov Education Above All Foundation Asian Infrastructure Investment Bank Ehsaas Program Protection Development Program
Source: samaa.tv

ADB approves $603m loan to Pakistan for Ehsaas program

The Asian Development Bank or ADB has approved a $603 million loan to Pakistan for strengthening and expanding its Ehsaas Social Protection programs. Using conditional cash transfers, the loan will support the implementation of Ehsaas Program, Pakistan’s national social protection, and poverty reduction strategy. Under the Integrated Social Protection Development Program, ADB will provide a regular loan of $600 million and a $3 million grant from the Asian Development Fund. It will also admini...
Sania Nishtar Asia Yevgeniy Zhukov Education Above All Foundation Ehsaas Program Protection Development Program Asian Development Fund
Source: samaa.tv

Pakistan Bait-ul-Mal inks MoU to provide Artificial Limbs to PWDs

Pakistan Bait-ul-Mal (PBM), Qatar Charity, and Pakistan Institute of Prosthetics & Orthotic Science (PIPOS) have inked a tri-party Memorandum of Understanding (MoU) for the provision of Artificial Limbs to the Persons with Disabilities (PWDs) in Matta, Swat.
North West Frontier Ameen Abdul Rahman Malik Zaheer Abbas Javed Ghani Malik Zaheer Abbas Khokhar Pakistan Institute Of Prosthetics Orthotic Science
Source: dnd.com.pk

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Benhassine: Variation in govt, WB figures due to pandemic uncertainties

Differences in figures for Pakistan’s gross domestic product or GDP growth rate for previous and current fiscal years between the World Bank and the Pakistan government was because of uncertainties of the Covid-19 pandemic, said World Bank’s Country Director for Pakistan Najy Benhassine on Thursday, hoping that final growth rate would be on the higher side. The World Bank in its report published on Thursday projected Pakistan’s GDP growth forecast for the fiscal year 2021-22 (FY22) at 3.4%...
Derek Chen Zehra Aslam World Bank Country International Monetary Fund Ehsaas Program World Bank
Source: samaa.tv

ADB to provide $600 million for Ehsaas Program

The Asian Development Bank (ADB) will provide $600 million for Ehsaas Program under the Integrated Social Protection Development Program. The announcement was made by ADB Country Director Yong Ye, who called on Minister for Economic Affairs Omar Ayub Khan on Thursday. This program will support the government’s efforts to implement high priorities from its Ehsaas Program (social protection and poverty reduction) in a coordinated, cohesive and systematic manner. Under this program, institutional...
Omar Ayub Khan Omer Ayub Khan Ehsaas Program Protection Development Program Economic Affairs Omar Ayub Khan On Asian Development Bank
Source: samaa.tv

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