{"id":62093,"date":"2020-03-01T10:00:46","date_gmt":"2020-03-01T05:00:46","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=62093"},"modified":"2020-02-28T17:13:17","modified_gmt":"2020-02-28T12:13:17","slug":"eu-announces-e13-mn-package-pakistans-public-financial-management-sector","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/eu-announces-e13-mn-package-pakistans-public-financial-management-sector.html","title":{"rendered":"EU announces \u20ac13 mn package for Pakistan\u2019s public financial management sector"},"content":{"rendered":"\n<p>Islamabad: The European Union (EU) has announced its decision to provide \u20ac13 million in an effort to improve Pakistan\u2019s public financial management sector under the \u2018Public Financial Management Support Programme\u2019 (PFM-SP), a news source reported. Under this initiative, the EU will provide funds to enhance the provision of public services in the capital city, Balochistan, and Sindh.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/eu-to-fund-potable-water-projects-in-balochistan.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"EU to fund potable water projects in Balochistan (opens in a new tab)\">EU to fund potable water projects in Balochistan<\/a><\/p>\n\n\n\n<p>The program aims to implement the PFM reform procedures in Balochistan and Sindh provinces and strengthen the budgetary framework process on the federal level. EU\u2019s Ambassador to Pakistan Androulla Kaminara and Economic Affairs Division Secretary Syed Pervaiz signed an agreement to this effect.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/gujrat-monument-converted-museum.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Gujrat\u2019s pre-partition monument to be converted to museum (opens in a new tab)\">Gujrat\u2019s pre-partition monument to be converted to museum<\/a><\/p>\n\n\n\n<p>On the occasion, Minister for Economic Affairs Hammad Azhar emphasised the need for consolidating socio-economic partnerships with the EU in order to stabilise Pakistan\u2019s economy.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/sindh-govt-cap-to-build-history-museum-cultural-centre.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Sindh govt, CAP to build history museum, cultural centre (opens in a new tab)\">Sindh govt, CAP to build history museum, cultural centre<\/a><\/p>\n\n\n\n<p>The EU grant was awaiting the announcement of the <a href=\"https:\/\/www.zameen.com\/news\/imf-fbr-meeting-imposition-new-taxes-denied.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"International Monetary Fund\u2019s (IMF)  (opens in a new tab)\">International Monetary Fund\u2019s (IMF) <\/a>agreement with Pakistan after the second assessment of the reform programme. IMF\u2019s Mission Chief for Pakistan Ernesto Ramirez Rigo issued a statement that said that Pakistan and IMF reached a staff-level agreement on reforms and policies which are needed to complete the second assessment of the reform program supported under Extended Fund Facility (EFF).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The European Union (EU) has announced its decision to provide \u20ac13 million in an effort to improve Pakistan\u2019s public financial management sector under the \u2018Public Financial Management Support Programme\u2019 (PFM-SP), a news source reported. Under this initiative, the EU will provide funds to enhance the provision of public services in the capital city, Balochistan, and Sindh. Read: EU to fund potable water projects in Balochistan The program aims to implement the PFM reform procedures in Balochistan and Sindh provinces and strengthen the budgetary framework process on the federal level. EU\u2019s Ambassador to Pakistan Androulla Kaminara and Economic Affairs Division Secretary Syed Pervaiz signed an agreement to this effect. Read: Gujrat\u2019s pre-partition monument to be converted to museum On the occasion, Minister for Economic Affairs Hammad Azhar emphasised the need for consolidating socio-economic partnerships with the EU in order to stabilise Pakistan\u2019s economy. Read: Sindh govt, CAP to build history museum, cultural centre The EU grant was awaiting the announcement of the International Monetary Fund\u2019s (IMF) agreement with Pakistan after the second assessment of the reform programme. IMF\u2019s Mission Chief for Pakistan Ernesto Ramirez Rigo issued a statement that said that Pakistan and IMF reached a staff-level agreement on reforms&hellip;<\/p>\n","protected":false},"author":76,"featured_media":60428,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15020],"tags":[21387,21386,21388],"persona":[],"class_list":{"0":"post-62093","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-social-developments","8":"tag-eu-announces-e13-mn-package-for-pakistan","9":"tag-european-union-eu","10":"tag-public-financial-management-support-programme-pfm-sp","11":"cat-15020-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EU \u20ac13 mn for Pakistan\u2019s public financial management - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The European Union (EU) has announced its decision to provide \u20ac13 million in an effort to improve Pakistan\u2019s public financial management sector\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/eu-announces-e13-mn-package-pakistans-public-financial-management-sector.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EU \u20ac13 mn for Pakistan\u2019s public financial management - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The European Union (EU) has announced its decision to provide \u20ac13 million in an effort to improve Pakistan\u2019s public financial management sector\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/eu-announces-e13-mn-package-pakistans-public-financial-management-sector.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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