Germany to provide €28mln support to Pakistan

Islamabad: Germany will provide 28 million Euros support to Pakistan for socio economic uplift and sustainable development, decided when the two countries signed two framework agreements amounting 28 million Euros, in Islamabad on Thursday.

German Ambassador to Pakistan Alfred Grannas and Secretary Ministry of Economic Affairs Dr Kazim Niaz signed agreements in the energy and governance sectors.

Germany will provide a grant financing of 23 million Euro under framework agreement-Technical Cooperation Agreement 2021 through GIZ.

Along with this, another Framework agreement namely Financial Cooperation Agreement 2020 worth grant of five million Euro was also signed on Thursday.