{"id":32316,"date":"2023-12-06T23:40:07","date_gmt":"2023-12-06T23:40:07","guid":{"rendered":"https:\/\/news.pakistaninewspaperlist.com\/adb-approves-659m-in-financing-to-support-pakistans-sustainable-development\/"},"modified":"2023-12-06T23:40:07","modified_gmt":"2023-12-06T23:40:07","slug":"adb-approves-659m-in-financing-to-support-pakistans-sustainable-development","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/adb-approves-659m-in-financing-to-support-pakistans-sustainable-development\/","title":{"rendered":"ADB approves $659m in financing to support Pakistan\u2019s sustainable development"},"content":{"rendered":"<p><\/p>\n<div dir=\"auto\">\n<p>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.<\/p>\n<p>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 security, ADB said in a <a rel=\"noopener noreferrer\" target=\"_blank\" class=\"link--external\" href=\"https:\/\/www.adb.org\/news\/adb-approves-659-million-financing-support-pakistan-s-sustainable-development\">press release<\/a>.<\/p>\n<p>\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<p>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<p>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<p>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<p>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<p>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<p>This project will do so by providing essential agriculture inputs and training to smallholder farmers, including women, and improving household nutrition.<\/p>\n<hr\/>\n<p><em>Additional information taken by Reuters<\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/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,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"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":[],"_links":{"self":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/32316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/comments?post=32316"}],"version-history":[{"count":0,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/32316\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media\/32317"}],"wp:attachment":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media?parent=32316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/categories?post=32316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/tags?post=32316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}