ADB gives $257m to Pakistan for education and health sectors

Pakistan and the Asian Development Bank (ADB) on Friday signed two agreements worth 257 million dollars in the areas of education and health, reported 24NewsHD TV channel.

The first programme, the Responsive, Ready and Resilient Science, Technology, Engineering, Mathematics (STEM) Secondary Education in Punjab Program, is valued at 107 million dollars which includes a seven million dollar grant from the Asian Development Fund.

The second programme, Punjab Nursing and Health Workforce Reform Programme, is valued at 150 million dollars.

Secretary Ministry of Economic Affairs Muhammad Humair Karim appreciated ADB’s financial support to these critical programmes on concessional terms, which would significantly contribute to long-term and sustainable social growth, address the vital educational needs and health services requirement of the Punjab province.

Reporter Waqas Azeem