AGL 38.89 Increased By ▲ 0.41 (1.07%)
AIRLINK 203.97 Increased By ▲ 0.95 (0.47%)
BOP 10.14 Decreased By ▼ -0.03 (-0.29%)
CNERGY 6.46 Decreased By ▼ -0.08 (-1.22%)
DCL 9.49 Decreased By ▼ -0.09 (-0.94%)
DFML 39.70 Decreased By ▼ -0.32 (-0.8%)
DGKC 98.80 Increased By ▲ 0.72 (0.73%)
FCCL 35.55 Increased By ▲ 0.59 (1.69%)
FFBL 88.10 Increased By ▲ 1.67 (1.93%)
FFL 13.82 Decreased By ▼ -0.08 (-0.58%)
HUBC 130.55 Decreased By ▼ -1.02 (-0.78%)
HUMNL 13.92 Decreased By ▼ -0.10 (-0.71%)
KEL 5.47 Decreased By ▼ -0.14 (-2.5%)
KOSM 7.55 Increased By ▲ 0.28 (3.85%)
MLCF 46.25 Increased By ▲ 0.66 (1.45%)
NBP 61.75 Decreased By ▼ -4.63 (-6.97%)
OGDC 221.00 Increased By ▲ 0.24 (0.11%)
PAEL 40.15 Increased By ▲ 1.67 (4.34%)
PIBTL 8.75 Decreased By ▼ -0.16 (-1.8%)
PPL 198.40 Increased By ▲ 0.52 (0.26%)
PRL 39.49 Increased By ▲ 0.46 (1.18%)
PTC 25.80 Increased By ▲ 0.33 (1.3%)
SEARL 107.00 Increased By ▲ 3.95 (3.83%)
TELE 9.18 Increased By ▲ 0.16 (1.77%)
TOMCL 36.40 Decreased By ▼ -0.01 (-0.03%)
TPLP 13.90 Increased By ▲ 0.15 (1.09%)
TREET 25.06 Decreased By ▼ -0.06 (-0.24%)
TRG 57.96 Decreased By ▼ -0.08 (-0.14%)
UNITY 33.55 Decreased By ▼ -0.12 (-0.36%)
WTL 1.72 Increased By ▲ 0.01 (0.58%)
BR100 11,945 Increased By 54.9 (0.46%)
BR30 37,365 Increased By 8.5 (0.02%)
KSE100 110,949 Decreased By -120.9 (-0.11%)
KSE30 34,887 Decreased By -22 (-0.06%)
Business & Finance

World Bank provide $12mn grant for FATA temporarily displaced

  • Minister for Economic Affairs, Makhdum Khusro Bakhtyar witnessed the signing ceremony of Additional Grant Agreement of “FATA Temporarily Displaced Persons Emergency Recovery Project” worth $12 million with the World Bank.
Published February 27, 2021

The World Bank will provide an additional grant of $12 million in assistance to the temporarily displaced in FATA.

Minister for Economic Affairs, Makhdum Khusro Bakhtyar witnessed the signing ceremony of Additional Grant Agreement of “FATA Temporarily Displaced Persons Emergency Recovery Project” worth $12 million with the World Bank.

FATA Temporarily Displaced Persons Early Recovery Project (TDP-ERP) is aimed to support the early recovery of families affected by the displacement, promote child health and enhance citizen-centered service delivery in the former Tribal Areas of Khyber Pakhtunkhwa. The project will now also cover four new Districts in the Khyber Pakhtunkhwa Province i.e. D.I. Khan, Lakki Marwat, Tank and Bannu in addition to Kurram, Khyber, Orakzai, North Waziristan, South Waziristan, Mohmand and Bajaur Districts. With this additional grant financing of US$ 12 million, total cost of this project would amount to US$ 216 million.

Noor Ahmed, Secretary, Ministry of Economic Affairs signed the grant agreement on behalf of the Government of Pakistan while the representative of NADRA signed the Project Agreement. Ms Malinda Good, Operations Manager, World Bank signed the agreement on behalf of the World Bank.

On the occasion, the Minister for Economic Affairs reiterated the commitment of his government to support the development activities in merged areas of Khyber Pakhtunkhwa and improve the basic service delivery nearer to their door steps. The Minister appreciated the role of NADRA in achieving the project objectives.

Minister for Economic Affairs, Makhdum Khusro Bakhtyar, thanked the World Bank Country Team for extending their continuous support to the Government of Pakistan in achieving sustainable economic development in the country. The Operations Manager, World Bank ensured their continuous support to Government of Pakistan in achieving the priority development goals.

Comments

Comments are closed.