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Friday, March 29, 2024

Pakistan receives €87 million from EU for green economy and ... - Pakistan Today

Last updated Monday, January 9, 2023 15:05 ET

ISLAMABAD: The European Union will provide EUR 87 million to Pakistan aiming to support green and inclusive economic growth, access to clean energy and enhance the skilled labour force in Pakistan.
The programmes are part of the European Union’s support for Pakistan in post-flood rehabilitation and reconstruction process. The programmes will improve agricultural value chains, provide access to clean energy and enhance the availability of the skilled labour force, especially in Khyber Pakhtunkhwa, Gilgit Baltistan and Balochistan.
Dr. Kazim Niaz, Secretary Ministry of Economic Affairs and Dr Riina Kionka, Ambassador of the European Union have signed agreements for three new development programmes with funding of EUR87 million by the European Union. The three programmes are designed in close cooperation with the federal and provincial governments. The programmes are part of the broader coordination efforts by the EU and its member states materialised through the Team Europe Initiative.
They also contribute to EU’s Global Gateway, the European strategy to boost smart, clean and secure links in digital, energy and transport sectors and to strengthen health, education and research systems across the world.
Secretary EAD Dr. Kazim Niaz expressed gratitude for EU support and further said that “EU is the most valued development partner to Pakistan as it held a substantial grant portfolio in Pakistan wherein its focus is, in particular, on socio-economic development of vulnerable...



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