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Using conditional cash transfers, the program will support the implementation of Ehsaas, Pakistan’s national social protection and poverty reduction strategy. Under the Integrated Social Protection Development Program, ADB will provide a regular loan of USD600 million and a USD3 million grant from the Asian Development Fund, and will administer a USD24 million grant from the Education Above All Foundation.Source: ADB“The program marks a significant shift in ADB’s strategic engagement in the social protection space in Pakistan in line with Ehsaas priorities,” said ADB Director General f...

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 administer a $24 million grant from the Education Above All Foundation.

The Asian Development Bank has approved a $603 million results-based lending program to strengthen and expand social protection programs in Pakistan.

The Asian Development Bank (ADB) approved Wednesday a $603 million loan to help expand the Ehsaas social protection programme.

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 administer a $24 million grant from the Education Above All Foundation.