Muhammad Arbab Khan, President of the Pak-British Friendship Council Northwest Chapter, announced on Sunday that the European Union will fund three new development programs totalling €87 million to boost green and inclusive economic growth in Pakistan.

According to Mian Kashif Ashfaq, Chairman of the UK-Pakistan Joint Business Council, the programs are part of the European Union’s support to Pakistan in post-flood rehabilitation and reconstruction and are created in close collaboration with the federal and provincial governments.

According to a press release, he stated that these projects will focus on Khyber Pakhtunkhwa (KP), Gilgit Baltistan (GB), and Balochistan, and will strive to improve agricultural value chains, provide access to renewable energy, and increase the availability of trained labor.

They also contribute to the EU’s Global Gateway, an overall plan to connect the digital, energy, and transportation sectors, as well as to boost health, education, and research systems around the world, according to him.

Mian Kashif Ashfaq wished that these plans would contribute to the strengthening of socioeconomic indicators such as rural economic transformation, the provision of cheap energy, and the provision of much-needed technical training for the youth, and he stated that EU support was required to provide the desired momentum to Pakistan’s green and clean efforts.

He stated that the EU assistance comes at a critical time when the country is dealing with an economic crisis and affected people are still dealing with the consequences of the devastating floods, and that it will contribute to economic recovery in the aftermath of the floods and make Pakistan stronger and more resilient.

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