{"id":77490,"date":"2021-06-30T12:36:04","date_gmt":"2021-06-30T07:36:04","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=77490"},"modified":"2021-06-30T12:36:08","modified_gmt":"2021-06-30T07:36:08","slug":"wb-programmes-usd-800-million-for-pakistan","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/wb-programmes-usd-800-million-for-pakistan.html","title":{"rendered":"WB approves two programmes worth USD 800 million for Pakistan"},"content":{"rendered":"\n<p>Islamabad: The World Bank (WB) board of executive directors on Tuesday approved two programmes worth USD 800 million for Programme for Affordable and Clean Energy (PACE) and the Second Securing Human Investments to Foster Transformation (SHIFT II), news sources reported.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/wb-punjab-government-develop-water-projects.html\">WB, Punjab go<\/a><a href=\"https:\/\/www.zameen.com\/news\/wb-punjab-government-develop-water-projects.html\" target=\"_blank\" rel=\"noreferrer noopener\">v<\/a><a href=\"https:\/\/www.zameen.com\/news\/wb-punjab-government-develop-water-projects.html\">ernment to develop sustainable water projects<\/a><br>The Country Director WB Najy Benhassine said that the programmes are focused on attaining sustainable growth and increased development activities and ensuring the welfare of the people most in need.<br>According to the details, PACE is focused on the <a href=\"https:\/\/www.zameen.com\/news\/wb-to-lend-funds-to-support-pakistans-conversion-to-renewable-energy.html\" data-type=\"post\" data-id=\"70951\" target=\"_blank\" rel=\"noreferrer noopener\">sustainable Energy development<\/a> program that will receive USD 400 million to smooth the transition to low carbon energy resources, support the energy sector in identifying the areas of improvement and power distribution through a public-private partnership.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/wb-to-provide-funding-for-pakistans-housing-sector.html\" target=\"_blank\" rel=\"noreferrer noopener\">WB urged to fund housing sector\u2019s promotion in Pakistan<\/a><br>The Second Securing Human Investments to Foster Transformation (SHIFT II) will receive USD 400 million and would be focused on enhancing service delivery, promoting education, increasing and expanding revenue streams, and upgrading health care facilities for human capital accumulation.<br>Furthermore, WB stated that the initiatives, particularly SHIFT II, are aimed at enhancing inclusive growth by increasing women&#8217;s involvement in economic activities, as well as better preparing the government for uncertain situations, economic shocks, and difficulties such as COVID-19.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The World Bank (WB) board of executive directors on Tuesday approved two programmes worth USD 800 million for Programme for Affordable and Clean Energy (PACE) and the Second Securing Human Investments to Foster Transformation (SHIFT II), news sources reported. Read: WB, Punjab government to develop sustainable water projectsThe Country Director WB Najy Benhassine said that the programmes are focused on attaining sustainable growth and increased development activities and ensuring the welfare of the people most in need.According to the details, PACE is focused on the sustainable Energy development program that will receive USD 400 million to smooth the transition to low carbon energy resources, support the energy sector in identifying the areas of improvement and power distribution through a public-private partnership. Read: WB urged to fund housing sector\u2019s promotion in PakistanThe Second Securing Human Investments to Foster Transformation (SHIFT II) will receive USD 400 million and would be focused on enhancing service delivery, promoting education, increasing and expanding revenue streams, and upgrading health care facilities for human capital accumulation.Furthermore, WB stated that the initiatives, particularly SHIFT II, are aimed at enhancing inclusive growth by increasing women&#8217;s involvement in economic activities, as well as better preparing the government for uncertain&hellip;<\/p>\n","protected":false},"author":84,"featured_media":61439,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385],"tags":[20456,46583],"persona":[],"class_list":{"0":"post-77490","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"tag-sustainable-development-goals","9":"tag-world-bank-approves-programms-for-pakistan","10":"cat-20385-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>WB approves programmes worth USD 800 million - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The World Bank (WB) board of executive directors on Tuesday approved two programmes worth USD 800 million for Programme for Affordable and\" \/>\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\/wb-programmes-usd-800-million-for-pakistan.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WB approves programmes worth USD 800 million - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The World Bank (WB) board of executive directors on Tuesday approved two programmes worth USD 800 million for Programme for Affordable and\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/wb-programmes-usd-800-million-for-pakistan.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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