Business
World Bank grants $442.4mn to uplift Punjab’s rural social infrastructure
Islamabad: The World Bank (WB) has granted 442.4 million dollars to uplift social infrastructure in the rural areas of Punjab.
According to Radio Pakistan, the Ministry of Economic Affairs, the Government of Pakistan and the World Bank signed the financing agreement.
This project aims to provide equitable and sustainable access to clean drinking water, improve sanitation and reduce child stunting in Punjab Province.
Minister for Economic Affairs, Omar Ayub Khan said this is a signature project which reflects the vision of the Prime Minister of Pakistan to invest in human capital and to improve the living standard of the people.
Country Director World Bank, Najy Benhassine ensured the World Bank’s continued financial and technical support to Pakistan in achieving the priority development objectives and to promote inclusive and sustainable economic growth in the country.
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