Abb Takk News

World Bank Approves $200m For Pakistan

The World Bank’s Board of Executive Directors on Saturday approved $200 million in financing to support Pakistan’s agriculture sector.

The amount will be utilised in transforming the agricultural sector by adopting climate-smart technologies to improve water-use efficiency, build resilience to extreme weather events and increase incomes of small farmers.

The agricultural sector in Punjab is central to Pakistan’s economy and food security as it accounts for 73% of the country’s total food production.