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World Bank approves $900 million financial aid to Pakistan

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Posted: Jun 05, 2009 at 1332 hrs IST
World Bank aid

Washington The World Bank on Friday approved an aid package of USD 900 million to Pakistan to help the country improve its state of education and livelihood in rural areas.

The massive financial package would be used to help improve education in the two Pakistani states of Punjab and Sindh and to further scale up a community driven development project active in 35,000 villages throughout the country, the World Bank said.

The Bank said while the net national primary school enrolment jumped from 42 per cent in 2001 to 56 per cent in 2007, young Pakistanis were still the least likely school attendants in all South Asia, and there exists wide boy-girl and rural-urban disparities.

"Even where there have been gains in student enrolment as in Punjab and Sindh, these have yet to translate into improved student learning," said Yusupha Crookes, World Bank Country Director for Pakistan.

In addition to continued efforts to improve access and equity, these education projects will put a greater emphasis on the quality and relevance of education.

Central to achieving these outcomes is the focus on improving governance, management, and capacity in education, which are at the heart of the provincial governments' reform strategies, he said.

The Punjab Education Sector Project (USD 350 million) and the Sindh Education Sector Reform Project (USD 300 million) support the provincial governments' education reform programmes which aim to increase school participation and progression, reduce gender and rural-urban disparities, and improve quality and education sector governance.

The World Bank also approved USD 250 million for the Third Pakistan Poverty Alleviation Fund (PPAF-III) Project, a poverty alleviation programme that has already reached more than 2.5 million people, it said.

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Required action and not aids by sundaresan on 06 Jun 2009

In my point of view, instead of aiding, eradication and uprooting of teerorist groups and cleansing of terrorist supporters in agencies (ISI

900 USD World Bank air to Pakistan by George Thakur on 06 Jun 2009

How much constitutes 10% of 900 million USD?!

Aid for swallowing by Hero Vaz on 05 Jun 2009

$900 million to fill the pockets of the corrupt Pakis. Instead of wasting its time giving the money to Pak, the World Bank should send the amount straight to the Swiss bank accounts of Zardari

With Money also give arms??? by KUMAR on 05 Jun 2009

With the loan of U S 900 million the world bank can also give the latest arms and ammunations so that Pakistan terrorists need not go to the other countries to buy these.

GDP of Pakistan by chanakya on 05 Jun 2009

Unlike most countries, Pakistan GDP doesn't depend on its own resources. Its GDP is directly dependant on the Grant,Loans and other routes of money supply from so called Friendly countries. The GDP is never a product of its domestic resources. So to keep millions of mouths fed, naturally the government must play several acts which includes latest hollywood production of SWAT valley. The movie is directed by Zardari and produced by USA. No one knows how much is real and how much is reel. They say 1/2 of Pakistan population has become IDPs and hence demand AID and grants from their western masters. Gleefully these western masters throw the carrots. No one knows when this country will walk towards light.

Shame on Thinkers by saurabh pahuja on 05 Jun 2009

WHY DONT THEY DIRECTLY PROVIDE ARMS AND AMUNITION FOR TERROR?ATLEAST ALL SHOULD BE DONE WITH CLEAR VIEW.

INDIA SHOULD START TERRORISUM AND WORLD WILL POUR MONEY IN by N.R.I on 05 Jun 2009

INDIA SHOULD START THE FACTORIES OF TERROR AND EXPORT TO AMERICA AND OTHER WESTERN COUNTRIES.THE TERRORIST SHOULD BE ARMED WITH LATEST WEAPONS , IF POSSIBLE DIRTY NUKE BOMBS. THE CONGRESS WILL GET MUSLIMS SUPPORT IN RETURN FOR EVER AND BILLIONS WILL POUR IN FROM AMERICA - EUROPE AND WORLD BANK WHICH CAN BE DEPOSITED IN SWISS BANK ACCOUNTS.IF PAKIS. CAN DO IT, WHY NOT INDIAN MEDIA AND CONGRESSWALA.WAKE UP INDIA AND START THE FACTORIES.

TERRORIST OUTFITS ALLOWANCE ONLY - NO AIDS by Girish Bhardwaj on 05 Jun 2009

Under the Aid cover World's Top Terrorist Funder (US)is supplying money for Terrorist as Terrorist Outfits Allowance , as PAK. ISI is unable to pay them salary. This is not US President's Policy but MR. Hussain's Obama Policy. Wake up US you are exposed. India must (R) must oppose infront of US Embassy , against this Terrorist Fund

world bank $ 900 Mn to Pakistan by Sudhakar on 05 Jun 2009

Where this money will go? No prizes for guessing

World Bank $900 million aid to Pakistan by Sudhakar on 05 Jun 2009

Where all this money will go? No reward for guessing.

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