Makhdum Khusro Bakhtyar, Minister of Economic Affairs, was present today at the Ministry of Economic Affairs for the signing of several project agreements totaling $1,336 million, including a $128 million grant from the World Bank.
The government’s initiatives in Social Safety, Disaster and Climate Risk Management, Developing Infrastructure for Resilience, Agriculture and Food Security, Human Capital Growth, and Governance will all benefit from this funding.
The minister thanked the World Bank’s Country Management for its unwavering support for Pakistan’s government in achieving long-term economic growth. This continued and increased support, he said, demonstrates the international financial institution’s and development partners’ confidence in the current government’s progress and reforms.
He also reaffirmed the government’s commitment to provide all necessary assistance to provincial governments in order to meet the financial needs needed to address development challenges.
