AGL 40.15 Increased By ▲ 0.15 (0.38%)
AIRLINK 130.20 Increased By ▲ 0.67 (0.52%)
BOP 6.83 Increased By ▲ 0.15 (2.25%)
CNERGY 4.63 No Change ▼ 0.00 (0%)
DCL 9.02 Increased By ▲ 0.08 (0.89%)
DFML 43.60 Increased By ▲ 1.91 (4.58%)
DGKC 84.11 Increased By ▲ 0.34 (0.41%)
FCCL 33.05 Increased By ▲ 0.28 (0.85%)
FFBL 78.30 Increased By ▲ 2.83 (3.75%)
FFL 11.78 Increased By ▲ 0.31 (2.7%)
HUBC 110.85 Increased By ▲ 0.30 (0.27%)
HUMNL 14.61 Increased By ▲ 0.05 (0.34%)
KEL 5.65 Increased By ▲ 0.26 (4.82%)
KOSM 8.34 Decreased By ▼ -0.06 (-0.71%)
MLCF 39.80 Increased By ▲ 0.01 (0.03%)
NBP 60.85 Increased By ▲ 0.56 (0.93%)
OGDC 200.02 Increased By ▲ 0.36 (0.18%)
PAEL 26.84 Increased By ▲ 0.19 (0.71%)
PIBTL 7.81 Increased By ▲ 0.15 (1.96%)
PPL 160.51 Increased By ▲ 2.59 (1.64%)
PRL 26.85 Increased By ▲ 0.12 (0.45%)
PTC 18.81 Increased By ▲ 0.35 (1.9%)
SEARL 83.70 Increased By ▲ 1.26 (1.53%)
TELE 8.18 Decreased By ▼ -0.13 (-1.56%)
TOMCL 34.50 Decreased By ▼ -0.01 (-0.03%)
TPLP 9.12 Increased By ▲ 0.06 (0.66%)
TREET 17.05 Decreased By ▼ -0.42 (-2.4%)
TRG 59.50 Decreased By ▼ -1.82 (-2.97%)
UNITY 27.81 Increased By ▲ 0.38 (1.39%)
WTL 1.43 Increased By ▲ 0.05 (3.62%)
BR100 10,544 Increased By 137 (1.32%)
BR30 31,957 Increased By 243.3 (0.77%)
KSE100 98,468 Increased By 1139.1 (1.17%)
KSE30 30,631 Increased By 438.5 (1.45%)

The Bill & Melinda Gates Foundation has signed a Memorandum of Understanding with the Government of Pakistan for its Ehsaas initiative on poverty alleviation. Prime Minister Imran Khan and Bill Gates, co-chair of the Bill & Melinda Gates Foundation (B&MGF) witnessed the signing ceremony as Special Assistant to PM on Poverty Alleviation Dr Sania Nishtar and President of Global Development at B&MGF Dr Chris Elias inked the MoU in New York late Wednesday, on the sidelines of 74th session of UN General Assembly.
The Bill & Melinda Gates Foundation will assist the Government of Pakistan with a range of activities including accelerating stunting reduction programmes, supporting financial inclusion initiatives and investing in public health systems to improve health and reduce maternal, newborn and child mortality.
Earlier, the meeting between Prime Minister Khan with Bill Gates and Chris Elias focused on Ehsaas and finding ways of its collaboration with B&MGF on funding, technical assistance, and help of global experts in improving health, nutrition and financial inclusion in Pakistan.
The prime minister said Ehsaas, aimed at providing effective safety nets through 134 new poverty-focused policy actions and programmes, was the largest anti-poverty project ever launched in the country.
He said since assuming office, he had set out an ambitious plan to alleviate poverty and improve health and education for the most vulnerable people.
He mentioned that Ehsaas aimed at radically improving Pakistan's progress towards achieving the UN Sustainable Development Global Goals for its more than 210 million people.
The prime minister expressed commitment to put measures in place to end polio once and for all, as well as make progress on the micro-payment gateway and financial inclusion.
The 'One Woman One Bank Account' programme, which comes under Ehsaas, was also discussed in relation to how it could accelerate both financial inclusion and women empowerment.
Pakistan's ambassador to the United Nations Dr Maleeha Lodhi, Adviser to PM on Finance Dr Abdul Hafeez Shaikh and Adviser on Commerce Abdul Razak Dawood attended the meeting.
The new collaboration of the government with Bill & Melinda Gates Foundation is in continuation of the Foundation's more than decade-long work in Pakistan.
The earlier programmes have covered a range of shared development priorities including polio eradication, financial inclusion, routine immunization and maternal, neo-natal and child health. The foundation plans to spend about $200 million in Pakistan in 2020.
Ehsaas is about the creation of a 'welfare state' by countering elite capture
and leveraging 21st century tools such as using data and technology to create precision safety nets, promoting financial inclusion and access to digital services, supporting economic empowerment of women, economic growth and sustainable development and overcoming financial barriers to accessing health and post-secondary education.

Copyright Associated Press of Pakistan, 2019

Comments

Comments are closed.