According to Federal Minister for Economic Affairs Omar Ayub said that Asian Development Bank (ADB) has announced to provide $600 million to Pakistan for the Ehsaas programme.
As per details, Country Director, Asian Development Bank (ADB) Yong Ye called on Federal Minister for Economic Affairs Omar Ayub Khan in the Ministry of Economic Affairs.
The federal minister for Economic Affairs, During the meeting appreciated the ADB Management and Board of Directors for their continued technical and financial support to the Government of Pakistan.
Omar Ayub Khan also acknowledged the ADB’s timely support for procurement of coronavirus Vaccine, Both sides also discussed mobilizing additional financial resources for a mass vaccination drive in the country.
The Country Director of ADB further apprised Omar Ayub that the ADB has recently negotiated a new program with Pakistan for providing US$ 600 million for Integrated Social Protection Development under the Ehsaas programme, added that ADB was committed providing US$ 6.3 billion under Country Operation Business Plan (2021-2023) to Pakistan.
According to a statement released by the ministry, At present, 32 projects worth US$ 6.4 billion are under implementation in energy, road and transport, agriculture & irrigation, urban services, education, health and social protection.
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