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ADB will provide $330m for Pakistan’s social protection programs

ISLAMABAD: The Asian Development Bank will provide three hundred and thirty million dollars in financing to bolster Pakistan’s social protection programs under the ongoing Integrated Social Protection Development Program.

The agreement to this effect was signed by Secretary Economic Affairs Dr. Kazim Niaz and ADB Country Director Emma Fan in Islamabad today.

In his remarks, Secretary Economic Affairs highlighted importance of additional financing for enhancing institutional capacity and improving access to education and healthcare.

Speaking on the occasion, the ADB Country Director reaffirmed the Bank’s commitment to supporting Pakistan’s social safety nets.

The program builds on the ongoing ADB-funded initiative to strengthen and expand social protection systems in Pakistan through the Benazir Income Support Program.