press release<\/a>.<\/p>\n\u201cThis significant new wave of financing will help Pakistan recover from the impacts of last year\u2019s cost-of-living crisis and super-floods and return to the path of long-term development that is sustainable and inclusive,\u201d said ADB Director General for Central and West Asia Yevgeniy Zhukov.<\/p>\n
He said this multifaceted approach is to enhance support for Pakistan to \u201cimprove its economic situation and enhance the quality of life for its people\u201d.<\/p>\n
It added that the on-going project Sindh Secondary Education Improvement Project will receive an additional funding of $275m as an emergency assistance loan, which is already a part of ADB\u2019s pledge to help Pakistan recover from the 2022 catastrophic inundation.<\/p>\n
This will include rebuilding up to 1,600 schools using climate-resilient and gender-inclusive designs to support the vulnerable segments of Sindh impacted by climate-related disasters.<\/p>\n
Furthermore, $80m will be provided to the Khyber Pakhtunkhwa Food Security Support Project to help address the growing food insecurity in Pakistan made worse by climate change.<\/p>\n
The aim of this, according to the statement is to \u201cenhance food security, and boost the livelihoods of rural farm households in the most flood-damaged districts in the province.\u201d<\/p>\n
This project will do so by providing essential agriculture inputs and training to smallholder farmers, including women, and improving household nutrition.<\/p>\n
Additional information taken by Reuters<\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"The Asian Development Bank (ADB) on Wednesday approved three projects totalling $658.8 million to help Pakistan achieve its goal of more inclusive and sustainable growth and development. The projects approved this week, will focus on improving domestic resource mobilisation; rehabilitating schools damaged by the devastating August 2022 floods; and enhancing agricultural productivity to improve food […]<\/p>\n","protected":false},"author":2,"featured_media":32317,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/i.dawn.com\/large\/2023\/12\/06121256e4bb9f0.jpg?r=121823","fifu_image_alt":"","footnotes":""},"categories":[192],"tags":[],"class_list":["post-32316","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-islamabad-news"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t