USAID, finance ministry renew ongoing cooperation

21 Jun, 2017

The United States is providing an additional Rs 19 billion to create economic opportunities and pursue economic and political reforms that promote prosperity in Pakistan, says a press release. The additional funds will be obligated for development in Pakistan through an amendment to the Pakistan Enhanced Partnership Agreement signed recently by the US Agency for International Development (USAID) and the Ministry of Finance.
The USAID programs to be supported through this agreement were developed in consultation with the Pakistani government and support the Government of Pakistan's Vision 2025, which sets forth a roadmap for a prosperous Pakistan. The agreement reaffirms the US government's commitment to continue its engagement with Pakistan through bilateral cooperation and robust civilian and security assistance. The additional funding will enable the US and Pakistan to work jointly on issues that are important to both countries: energy, economic growth, stability, governance, education, and health.-PR

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