{"id":89786,"date":"2022-11-03T12:30:49","date_gmt":"2022-11-03T07:30:49","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=89786"},"modified":"2022-11-03T12:30:56","modified_gmt":"2022-11-03T07:30:56","slug":"punjab-kp-500-mn-wb-projects","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/punjab-kp-500-mn-wb-projects.html","title":{"rendered":"Punjab, KP to get USD 500 mn from WB for public-oriented projects"},"content":{"rendered":"\n<p>Islamabad: Punjab and Khyber Pakhtunkhwa (KP) governments will get USD 500 million in loans from the World Bank (WB) for climate-responsive agriculture and public infrastructure projects, news sources reported on November 2.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/wb-usd-85-mn-low-cost-housing-finance.html\" data-type=\"post\" data-id=\"86660\" target=\"_blank\" rel=\"noreferrer noopener\">World Bank to offer USD 85 mn for low-cost housing finance<\/a><\/p>\n\n\n\n<p>As per the sources, a loan agreement to this effect was signed by World Bank (WB) Country Director Najy Benhassine and Economic Affairs Division (EAD) Pakistan Secretary Dr Kazim Niaz. A later statement by the WB indicated that USD 200 million has been approved for Punjab while USD 300 million will be granted to the KP government.<\/p>\n\n\n\n<p><strong>Punjab:<\/strong><\/p>\n\n\n\n<p>As per the news report, the USD 200 million loans from WB will be used by the Punjab government for the following projects:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Promotion of smart and innovative agricultural practices, including farm water conservation<\/li><li>Enhancement of equitable access to and productivity of agricultural water<\/li><li>Improvement of farmers&#8217; incomes, particularly small and medium landholders<\/li><li>Promotion of sustainable high yield low water intense irrigation systems, and crops<\/li><\/ul>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/punjab-govt-seeks-world-bank-loan-implement-financial-reforms.html\" data-type=\"post\" data-id=\"61112\" target=\"_blank\" rel=\"noreferrer noopener\">Punjab govt seeks World Bank loan to implement financial reforms<\/a><\/p>\n\n\n\n<p><strong>Khyber-Pakhtunkhwa:<\/strong><\/p>\n\n\n\n<p>The USD 300 million allocated to KP will be used for the following projects:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Climate-resilient rural accessibility to schools, health facilities and markets in the province<\/li><li>Help the <a rel=\"noreferrer noopener\" href=\"https:\/\/www.zameen.com\/news\/kp-approves-shangla-development-authority.html\" data-type=\"post\" data-id=\"89140\" target=\"_blank\">KP governm<\/a>ent in upgrading and rehabilitation of provincial roads, improving the climate resilience of infrastructure, including the raising of embankments and provision of side drains and bridges<\/li><li>Improvement of culverts, ditches, and vegetation and improvement of road safety infrastructure and equipment in the vicinity of schools, health facilities and marketplaces<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Punjab and Khyber Pakhtunkhwa (KP) governments will get USD 500 million in loans from the World Bank (WB) for climate-responsive agriculture and public infrastructure projects, news sources reported on November 2. Read: World Bank to offer USD 85 mn for low-cost housing finance As per the sources, a loan agreement to this effect was signed by World Bank (WB) Country Director Najy Benhassine and Economic Affairs Division (EAD) Pakistan Secretary Dr Kazim Niaz. A later statement by the WB indicated that USD 200 million has been approved for Punjab while USD 300 million will be granted to the KP government. Punjab: As per the news report, the USD 200 million loans from WB will be used by the Punjab government for the following projects: Promotion of smart and innovative agricultural practices, including farm water conservation Enhancement of equitable access to and productivity of agricultural water Improvement of farmers&#8217; incomes, particularly small and medium landholders Promotion of sustainable high yield low water intense irrigation systems, and crops Read: Punjab govt seeks World Bank loan to implement financial reforms Khyber-Pakhtunkhwa: The USD 300 million allocated to KP will be used for the following projects: Climate-resilient rural accessibility to schools, health facilities&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":[54784,54783],"persona":[],"class_list":{"0":"post-89786","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"tag-punjab-agriculture","9":"tag-punjab-world-bank-loan-agreeemnt","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>Punjab, KP to get USD 500 mn from WB- Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Punjab and Khyber Pakhtunkhwa (KP) governments will get USD 500 million in loans from the World Bank (WB) for climate-responsive agriculture\" \/>\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\/punjab-kp-500-mn-wb-projects.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Punjab, KP to get USD 500 mn from WB- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Punjab and Khyber Pakhtunkhwa (KP) governments will get USD 500 million in loans from the World Bank (WB) for climate-responsive agriculture\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/punjab-kp-500-mn-wb-projects.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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