{"id":95758,"date":"2023-12-08T13:22:18","date_gmt":"2023-12-08T08:22:18","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=95758"},"modified":"2023-12-08T13:22:19","modified_gmt":"2023-12-08T08:22:19","slug":"adb-fund-development-projects-kp-sindh","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/adb-fund-development-projects-kp-sindh.html","title":{"rendered":"ADB to fund development projects in KP, Sindh with USD 659mn"},"content":{"rendered":"\n<p>Islamabad: The Asian Development Bank (ADB) announced the approval of USD 659 million for three distinct projects in Sindh and Khyber Pakhtunkhwa (KP), aiming to foster inclusive and sustainable growth and development in Pakistan, according to news published in the national dailies on December 7.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/adb-nods-favour-million-dollar-projects.html\" target=\"_blank\" rel=\"noreferrer noopener\">RWP, BHP to get ADB\u2019s USD 180m for water, waste management schemes<\/a><\/p>\n\n\n\n<p>These projects, to be implemented by the federal government, as well as the provinces of Sindh and Khyber Pakhtunkhwa, will address issues such as domestic resource mobilization, school rehabilitation post the August 2022 floods, and enhancement of agricultural productivity for improved food security.<\/p>\n\n\n\n<p>ADB Director General for Central and West Asia Yevgeniy Zhukov mentioned that this support will help Pakistan recover from the impacts of cost-of-living crisis and super-floods and return to the path of long-term development.<\/p>\n\n\n\n<p>The first component involves a USD 300 million loan for \u2018Improved Resource Mobilisation and Utilisation Reform Programme.\u2019 This initiative aims to support sustainable, broad-based, and inclusive economic growth by implementing reforms in policies, laws, and institutional capacity related to domestic resource mobilization and utilization. The program seeks to transform tax administration, public expenditure management, and institutional structures to enhance resource mobilization, including non-debt resources like private investment and savings.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/adb-approves-funds-sindh-coastal-resilience.html\" target=\"_blank\" rel=\"noreferrer noopener\">ADB approves funds for Sindh Coastal Resilience Project<\/a><\/p>\n\n\n\n<p>The second component consists of an additional USD 275 million emergency loan for the ongoing Sindh Secondary Education Improvement Project, part of ADB&#8217;s USD 1.5 billion commitment for Pakistan&#8217;s recovery from the 2022 floods. This funding will aid in reconstructing up to 1,600 flood-damaged schools with resilient and gender-responsive designs, promoting inclusivity and resilience in the education system, particularly in disadvantaged districts.<\/p>\n\n\n\n<p>The third component involves an USD 80 million concessional loan for the Food Security Support Project in Khyber Pakhtunkhwa, also part of ADB&#8217;s USD 1.5 billion commitment for post-flood recovery. This project aims to address climate vulnerabilities, enhance food security, and uplift the livelihoods of rural farm households in the most flood-affected districts. It includes providing agriculture inputs and training to smallholder farmers, improving household nutrition, and empowering women in the process.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/adb-funds-balochistan-flood-affected-areas.html\" target=\"_blank\" rel=\"noreferrer noopener\">ADB approves funds for emergency assistance in Balochistan\u2019s flood-affected areas<\/a><\/p>\n\n\n\n<p>Moreover, ADB will administer a USD 3 million grant from the Japan Fund for Prosperous and Resilient Asia and the Pacific for the Food Security Support Project. This grant will specifically finance activities for women farmers related to seed cleaning and the safer handling of agrochemicals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Asian Development Bank (ADB) announced the approval of USD 659 million for three distinct projects in Sindh and Khyber Pakhtunkhwa (KP), aiming to foster inclusive and sustainable growth and development in Pakistan, according to news published in the national dailies on December 7. Read: RWP, BHP to get ADB\u2019s USD 180m for water, waste management schemes These projects, to be implemented by the federal government, as well as the provinces of Sindh and Khyber Pakhtunkhwa, will address issues such as domestic resource mobilization, school rehabilitation post the August 2022 floods, and enhancement of agricultural productivity for improved food security. ADB Director General for Central and West Asia Yevgeniy Zhukov mentioned that this support will help Pakistan recover from the impacts of cost-of-living crisis and super-floods and return to the path of long-term development. The first component involves a USD 300 million loan for \u2018Improved Resource Mobilisation and Utilisation Reform Programme.\u2019 This initiative aims to support sustainable, broad-based, and inclusive economic growth by implementing reforms in policies, laws, and institutional capacity related to domestic resource mobilization and utilization. The program seeks to transform tax administration, public expenditure management, and institutional structures to enhance resource mobilization, including non-debt resources like&hellip;<\/p>\n","protected":false},"author":83,"featured_media":63438,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385],"tags":[57699,24453],"persona":[],"class_list":{"0":"post-95758","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"tag-adb-to-fund-development-projects-in-kp-sindh-with-usd-659mn","9":"tag-asian-development-bank-adb","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>ADB to Fund Development Projects in KP, Sindh- Zameen News<\/title>\n<meta name=\"description\" content=\"The Asian Development Bank (ADB) announced the approval of USD 659 million for three distinct projects in Sindh and Khyber Pakhtunkhwa (KP)\" \/>\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\/adb-fund-development-projects-kp-sindh.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ADB to Fund Development Projects in KP, Sindh- Zameen News\" \/>\n<meta property=\"og:description\" content=\"The Asian Development Bank (ADB) announced the approval of USD 659 million for three distinct projects in Sindh and Khyber Pakhtunkhwa (KP)\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/adb-fund-development-projects-kp-sindh.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-08T08:22:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-08T08:22:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/ADB.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Iqra Masood\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Iqra Masood\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"ADB to Fund Development Projects in KP, Sindh- Zameen News","description":"The Asian Development Bank (ADB) announced the approval of USD 659 million for three distinct projects in Sindh and Khyber Pakhtunkhwa (KP)","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/adb-fund-development-projects-kp-sindh.html","og_locale":"en_US","og_type":"article","og_title":"ADB to Fund Development Projects in KP, Sindh- Zameen News","og_description":"The Asian Development Bank (ADB) announced the approval of USD 659 million for three distinct projects in Sindh and Khyber Pakhtunkhwa (KP)","og_url":"https:\/\/www.zameen.com\/news\/adb-fund-development-projects-kp-sindh.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2023-12-08T08:22:18+00:00","article_modified_time":"2023-12-08T08:22:19+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/ADB.jpg","type":"image\/jpeg"}],"author":"Iqra Masood","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Iqra Masood","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/adb-fund-development-projects-kp-sindh.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/adb-fund-development-projects-kp-sindh.html"},"author":{"name":"Iqra Masood","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/377abfe4dc60870161cf052d458a2925"},"headline":"ADB to fund development projects in KP, Sindh with USD 659mn","datePublished":"2023-12-08T08:22:18+00:00","dateModified":"2023-12-08T08:22:19+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/adb-fund-development-projects-kp-sindh.html"},"wordCount":409,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/adb-fund-development-projects-kp-sindh.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/ADB.jpg","keywords":["ADB to fund development projects in KP &amp; Sindh with USD 659mn","Asian Development Bank (ADB)"],"articleSection":["Infrastructure"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/adb-fund-development-projects-kp-sindh.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/adb-fund-development-projects-kp-sindh.html","url":"https:\/\/www.zameen.com\/news\/adb-fund-development-projects-kp-sindh.html","name":"ADB to Fund Development Projects in KP, Sindh- Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/adb-fund-development-projects-kp-sindh.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/adb-fund-development-projects-kp-sindh.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/ADB.jpg","datePublished":"2023-12-08T08:22:18+00:00","dateModified":"2023-12-08T08:22:19+00:00","description":"The Asian Development Bank (ADB) announced the approval of USD 659 million for three distinct projects in Sindh and Khyber Pakhtunkhwa (KP)","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/adb-fund-development-projects-kp-sindh.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/adb-fund-development-projects-kp-sindh.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/adb-fund-development-projects-kp-sindh.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/ADB.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/ADB.jpg","width":1170,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/adb-fund-development-projects-kp-sindh.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"ADB to fund development projects in KP, Sindh with USD 659mn"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/377abfe4dc60870161cf052d458a2925","name":"Iqra Masood","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/05\/istockphoto-917649844-170667a-96x96.jpg","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/05\/istockphoto-917649844-170667a-96x96.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/05\/istockphoto-917649844-170667a-96x96.jpg","caption":"Iqra Masood"},"description":"Iqra holds BS in International Relations and is passionate about writing engaging content on trending real estate topics. When not working, she is either spending time with family, shopping, or discussing shows &amp; movies.","sameAs":["http:\/\/zameen.com"],"url":"https:\/\/www.zameen.com\/news\/author\/iqramasood"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/95758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/83"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=95758"}],"version-history":[{"count":1,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/95758\/revisions"}],"predecessor-version":[{"id":95765,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/95758\/revisions\/95765"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/63438"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=95758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=95758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=95758"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=95758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}