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World Bank provides $12 million grant for displaced families

MM News Staff by MM News Staff
February 27, 2021
Reading Time: 2 mins read

ISLAMABAD: World Bank has provided an additional grant worth $12 million for the earlier recovery and return of displaced families in former tribal areas of Khyber Pakhtunkhwa.

Minister for Economic Affairs Makhdoom Khusro Bakhtiar witnessed the signing ceremony of Additional Grant Agreement of ‘FATA Temporarily Displaced Persons Emergency Recovery Project’ worth $12 million with the World Bank.

The FATA Temporarily Displaced Persons Early Recovery Project (TDP-ERP) is aimed to support the early recovery of families affected by the displacement, promote child health and enhance citizen-centered service delivery in the former tribal areas.

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The project will now also cover four new districts – D.I. Khan, Lakki Marwat, Tank and Bannu – in addition to Kurram, Khyber, Orakzai, North Waziristan, South Waziristan, Mohmand and Bajaur Districts. With this additional grant financing, the total cost of this project would amount to $216 million.

Federal Secretary Ministry of Economic Affairs Noor Ahmed signed the grant agreement on behalf of the government of Pakistan, while the representative of NADRA signed the project agreement.World Bank Malinda Good Operations Manager signed the agreement on behalf of the global financial institution.

On the occasion, Minister for Economic Affairs reiterated the commitment of his government to support the development activities in merged areas of Khyber Pakhtunkhwa and improve the basic service delivery nearer to their doorsteps. The minister appreciated the role of NADRA in achieving the project objectives.

He thanked the World Bank country team for extending their continuous support to the government of Pakistan in achieving sustainable economic development in the country. World Bank Operations Manager ensured their continuous support in achieving the priority development goals.

Tags: displaced familiesgrantworld bank
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