AUGAF
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • CommoditiesNew
  • Contact
No Result
View All Result
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • CommoditiesNew
  • Contact
No Result
View All Result
AUGAF
No Result
View All Result
Home Business

World Bank Approves $194 Million for Pakistan

admin-augaf by admin-augaf
June 25, 2025
in Business, Finance
Reading Time: 3 mins read
0
China Calls for Haircuts on Loans Extended to Developing Nations, WB to Provide Concessions in Debt Restructuring

A participant stands near a logo of World Bank at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. AUGAF/REUTERS/Johannes P. Christo

Share on FacebookShare on TwitterWhatsapp

Washington DC June 25 2205: The World Bank Board (WB) has approved $194 million for two projects to enhance educational opportunities for children and boost water security in Balochistan.

“The GRADES-Balochistan project aims to reduce learning poverty in the province, while the Balochistan Water Security and Productivity Improvement Project will help address the province’s water security challenges and enhance climate resilience,” said Najy Benhassine World Bank Country Director for Pakistan in a press release issued here on Wednesday.

“The WB remains committed to support Balochistan through strategic investments in infrastructure and human development to build the foundations for more job creation, poverty reduction, and stronger resilience,” he added.

The Getting Results: Access and Delivery of Quality Education Services in Balochistan (GRADES-Balochistan) project ($100 million) will benefit 250,000 students with a focus on increasing enrollment and improving literacy and numeracy skills in early childhood and primary education.

Key interventions include enhancing school readiness through quality early childhood education, increasing school capacity through double shifts and public-private partnerships, providing safe transportation, constructing climate-resilient classrooms, and implementing a comprehensive teacher professional development model.

The project will provide support for 5,000 teachers through continuous professional development programs. Additionally, scholarships will be provided to 400 female students to pursue teacher pre-service education, fostering a new generation of educators who will serve as mentors and role models.

“The GRADES-Balochistan project is a strategically important initiative that addresses critical gaps in access to and quality of pre-primary and primary education in the province,” said Inga Afanasieva, Team Leader for the project.

“The project not only aims to enhance educational infrastructure but also to increase resilience to disasters and environmental sustainability. These efforts underscore the World Bank’s commitment to creating a safer and more sustainable future for the children of Balochistan, ”Inga Afanasieva added.

The Balochistan Water Security and Productivity Improvement Project (BWSPIP) ($94 million) aims to improve the lives of smallholder and tenant farmers in the Nari, Talli, and Lehri river basins of the Kachi Plain and improve water supply services in Quetta.

The project is expected to benefit 500,000 people with improved access to basic water supply services and benefit more than 80,000 people by providing climate resilient infrastructure.

Key elements include enhancing flood protection, increasing access to water for productive use, and improving water supply service delivery. The project will help safeguard communities against climate risks and enhance economic opportunities by increasing the availability of irrigation water, which is crucial for agricultural productivity and economic stability.

“The project supports the implementation of the Pakistan’s Resilient Recovery Framework and aims to provide significant benefits for the farming communities in the province as well as for the residents of Quetta. It will also empower women in community-level water management,” said Carolina Dominguez Torres, Task Team Leader for the Project. “Through strategic investments, improved water management, and community engagement, the project aims to deliver lasting benefits for the sustainable development of Balochistan.”

The GRADES project is designed to reduce learning poverty, while the BWSPIP project is designed to reduce child stunting through increased access to safe water and sanitation services. Both of these are key outcome targets under the 10-year Country Partnership Framework for Pakistan.

admin-augaf

admin-augaf

Related Posts

Pakistan Textile Exports increased 26 percent to USD 14.26 billion YoY in 9MFY22: APTMA
Business

Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments

August 22, 2025
Gold
Business

Gold Fields Half-Year Profit Triples on Record Prices

August 22, 2025
Pakistan will get back $900 million payment of Reko Diq dispute if conditions not met
Business

ADB To Provide $410 Million For Reko Diq Project

August 22, 2025
Fair Global Consult Fair Global Consult Fair Global Consult
ADVERTISEMENT

Recent News

Pakistan Textile Exports increased 26 percent to USD 14.26 billion YoY in 9MFY22: APTMA

Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments

August 22, 2025
Gold

Gold Fields Half-Year Profit Triples on Record Prices

August 22, 2025
Pakistan will get back $900 million payment of Reko Diq dispute if conditions not met

ADB To Provide $410 Million For Reko Diq Project

August 22, 2025
Moody

Moody’s Upgrade Ratings of Five Pakistani Banks

August 20, 2025
EPQL accept PPIB proposal to operate plant on comingled fuel but at its own cost

EPQL Executed Supplemental Agreement to PPA with CPPA for Additional Gas

August 20, 2025

Popular News

  • NSS

    President Prohibit National Savings For Changing Rates on Existing Certificates Retrospectively

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Appreciate against Dollar in Interbank as IMF Confirmed Board Review Date

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Fall After 13 Days of Successive Gains against Dollar on Lower Remittances and Strengthening of US Dollar

    0 shares
    Share 0 Tweet 0
  • Petrol Prices in Pakistan to Return to July 2023 Levels

    0 shares
    Share 0 Tweet 0
  • Pakistan Central Bank Issued Show Cause Notice to Eight Banks Over Currency Speculation

    0 shares
    Share 0 Tweet 0

Categories

  • Budget
  • Business
  • Culture
  • Finance
  • International
  • National
  • News
  • Politics
  • PTI
  • Sports
  • Technology
AUGAF Logo

Follow us on social media:

Recent News

  • Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments
  • Gold Fields Half-Year Profit Triples on Record Prices
  • ADB To Provide $410 Million For Reko Diq Project

Category

  • Budget
  • Business
  • Culture
  • Finance
  • International
  • National
  • News
  • Politics
  • PTI
  • Sports
  • Technology

Recent News

Pakistan Textile Exports increased 26 percent to USD 14.26 billion YoY in 9MFY22: APTMA

Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments

August 22, 2025
Gold

Gold Fields Half-Year Profit Triples on Record Prices

August 22, 2025
  • Home
  • Politics
  • News
  • Business
  • National
  • Finance
  • Technology
  • International

© 2021 AUGAF.

No Result
View All Result
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • Commodities
  • Contact

© 2021 AUGAF.