$400 Million Loan Agreement for K-P Signed Up
Economy Minister Omar Ayub Khan said the federal government will provide all possible assistance to provincial authorities to restore human resources by building a flexible and promoting service delivery system. economic opportunities to ensure economic growth of the country.
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The program aims to assist the Khyber-Pakhtunkhwa government to improve the availability and management of public resources for the provision of primary, secondary and secondary education and basic health services in the province.
The program will add a medium-term perspective to financial planning and budgeting to create financial space for education and health service delivery, and provide funding and staffing for provide that service.
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Improved public financial management will be ensured by delegating greater financial management authority to departments, implementing integrated financial management information systems, and modernizing procurement processes.
World Bank Country Director Najy Benhassine highlighted the global lender’s continued financial and technical support to the Government of Pakistan in achieving its priority development goals and accelerating growth. inclusive and sustainable economy in the country.
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