Wednesday, September 5, 2018

Asian Development Bank (ADB) Assures Cooperation With #BISP For Social Protection

ISLAMABAD (Online) Director General for Central & West Asia Department ,Asian Development Bank (ADB) Werner Liepach has said that the bank is committed to continue its support to the deprived segments of the society in Pakistan, through the platform of BISP.

He expressed this during a meeting with Secretary BISP here on Monday . The meeting was attended by country representatives of ADB and Director Generals from the BISP HQs.

ADB has allocated US $300 Million specifically for BISP, under its Country Operations Business Plan (COBP) for Pakistan, for the next three years from 2019-2021. This funding will be used for up-scaling of the ongoing programs and launching of new BISP initiatives, especially targeted towards poverty alleviation and gender empowerment. ADB is exclusively focusing on the BISP graduation model and has assured full financial support for its implementation. The pilot phase of ADB financed program for graduating of BISP beneficiaries out of the poverty has already been initiated and based on its success, a full scaled project will be launched for the BISP beneficiaries across the country. Werner also assured that the Portfolio Review of the ADB financed projects of BISP would be accelerated to enable preparation for the upcoming projects.

Liepach stated that the newly elected Government of Pakistan has much more emphasis on social sector initiatives and is more inclined towards executing social sector initiatives through indigenous funding or soft grant options. ADB appreciates this approach and is strongly committed for future mutual cooperation keeping in view the GOP priorities by offering concessional funding, Mr Werner further stated.

Secretary BISP Omar Hamid Khan welcomed the support exhibited by ADB for BISP programs and stated that ADB has a pivotal role in supporting women empowerment and poverty reduction in the country. He added that BISP engagement history with ADB reflects harmony in mutual understanding of both the organizations. Reciprocating Mr Werner’s commitment for support, Secretary BISP ensured full cooperation in timely and efficient execution of all future programs and initiatives.





SHARE THIS

Author:

Thanks for visitint our website. like our FB pages and subscribe to our daily upates..you can comment on the above peace bellow with your google id or facebook id. thanks

0 comments:

All Categories

Aaj Kamran Khan ke Saath Aamir Liaquat Hussain Aapas ki Bat NajamSethi Abdul Qadir Hassan AchiBaatain Afghanistan Aga Khan University Hospital AirLineJobs Allama Iqbal America Amjad Islam Amjad Anjum Niaz Ansar Abbasi APP Aqwal Zareen Articles Ayat-e-Qurani Ayaz Amir Balochistan Balochistan Jobs Bank of Khyber Banking Best Quotes Biwi Jokes Blogger Tips Chaltay Chaltay by Shaheen Sehbai China Chitral Coca-Cola Coke Studio Columns CookingVideos Corporate News Corruption Crimes Dr Danish ARY Sawal Yeh Hai Dubai E-Books EBM Education Educational Jobs Emirates English #Quotes English Columns EnglishJokes Funny Photos Funny Talk Shows Funny Videos Gilgit-Baltistan Girls Videos Govt Jobs HabibJalibPoetry Hamid Mir Haroon Al-Rashid Hasb-e-Haal with Sohail Ahmed Hassan Nisar Hassan Nisar Meray Mutabaq Hazrat Ali AS Sayings HBL Health HikayatShaikhSaadi Hospital_Jobs Hotel Jobs Huawei Hum Sab Umeed Say Hain India Information Technology Insurance International News Islam Islamabad Islamic Videos JammuKashmir Javed Chaudhry Jazz Jirga with Salim Safi Jobs Jobs Available Jobs in Karachi Jobs in KPK Jobs in Pak Army Jobs_Sindh JobsInIslamabad Jokes Jubilee Insurance Kal Tak with Javed Chaudhry Karachi Kashmir KhabarNaak On Geo News Khanum Memorial Cancer Hospital Khara Sach With Mubashir Lucman Khyber Pakhtunkhwa Lahore Latest MobilePhones Lenovo LG Life Changing Stories LifeStyle Live With Dr. Shahid Masood Live with Talat Hussain Maulana Tariq Jameel MCB Bank Microsoft Mobilink Mujeed ur Rahman Shami Munir Ahmed Baloch Nasir Kazmi Nazir Naji News News Videos NGO Nokia North Korea Nusrat Javed Off The Record (Kashif Abbasi) Off The Record With Kashif Abbasi On The Front Kamran Shahid OPPO Orya Maqbool Jan Pakistan Pakistan Army Pakistan Super League Pashto Song Photos Poetry Political Videos Press Release Prime Time with Rana Mubashir PTCL Punjab Quetta Quotes Rauf Klasra Samsung Sar-e-Aam By Iqrar-ul-Hasan Sardar Jokes Saudi Arabia ShiroShairi Show Biz Sikander Hameed Lodhi Sindh Social Media Sohail Warriach Songs Sports News Stories Syria Takrar Express News Talat Hussain Talk Shows Technology Telecommunication Telenor To the point with Shahzeb Khanzada Tonight with Moeed Pirzada Turkey Tweets of the day Ufone University Jobs Urdu Ghazals Urdu News Urdu Poetry UrduLateefay Video Songs Videos ViVO Wardat SamaaTV WaridTel Wasi Shah Zong اردو خبریں
______________ ☺ _____________ _______________ ♥ ____________________