Amendment: Finance Ministry, USAID sign agreement  

The agreement provides an additional $407 million to support US and Pakistan government initiatives


APP October 04, 2016
PHOTO: REUTERS

ISLAMABAD: The United States Agency for International Development (USAID) and the Ministry of Finance have signed the latest amendment to the Pakistan Enhanced Partnership Agreement (PEPA), the document through which the US government provides development assistance to Pakistan. The agreement, signed on September 16, provides an additional $407 million to support US and Pakistan government initiatives to improve critical infrastructure, create economic opportunities, and pursue economic and political reforms that promote prosperity, said a press release issued Tuesday. The USAID programs to be supported through this agreement were developed in consultation with the Pakistani government and support the government’s Vision 2025, which sets forth a roadmap for a prosperous Pakistan.

Published in The Express Tribune, October 5th, 2016.

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