Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Jim Cramer’s top 10 things to watch in the stock market Wednesday

September 10, 2025

US dollar stabilizes amid mounting geopolitical tensions, and before inflation data

September 10, 2025

Family offices to keep consistent allocations over next 12 months: Goldman Sachs survey

September 10, 2025
Facebook X (Twitter) Instagram
Wednesday, September 10
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » World Bank approves $108m more aid for KP projects – Business & Finance
Economist Intelligence

World Bank approves $108m more aid for KP projects – Business & Finance

adminBy adminApril 30, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 60


ISLAMABAD: The World Bank has approved $108 million in additional financing for the Rural Accessibility Project ($78 million) and the Khyber Pakhtunkhwa Integrated Tourism Development Project ($30 million) to enable both projects to achieve their objectives in improving access to health and education services, markets and jobs, in a way that strengthens resilience to natural disasters in the province.

“By rehabilitating critical rural road infrastructure and enhancing disaster preparedness, the Khyber Pakhtunkhwa Rural Accessibility Project and the Khyber Pakhtunkhwa Integrated Tourism Development Project are not only improving access to essential services like health and education, but also fostering climate, economic resilience and creating job opportunities for local communities,” said Najy Benhassine, World Bank Country Director for Pakistan.

The $78 million in additional financing for the Khyber Pakhtunkhwa Rural Accessibility Project (KPRAP) will focus on providing safe and climate resilient road infrastructure, by upgrading and rehabilitating rural roads, thereby improving access to services including schools, health facilities, and markets.

The project is also supporting safe and affordable transport to school for girls. Overall, around 1.76 million people are expected to benefit from the project.

“This additional financing underscores the World Bank’s commitment to supporting Pakistan’s and Khyber Pakhtunkhwa Province’s development goals,” said Muhammad Bilal Paracha, Task Team Leader for the project. “The project is crucial for improving the lives of people in the province, particularly women and girls, by enhancing access to essential services and economic opportunities.”

The $30 million in additional financing for the Khyber Pakhtunkhwa Integrated Tourism Development Project (KITE) will help enhance the province’s tourism sector by completing the rehabilitation of two roads that will improve access to the province’s pristine tourist spots in the vicinity. It will also support technical assistance and capacity building for the tourism industry and public sector stakeholders. The additional financing will support better destination management, heritage conservation, and the integration of digital platforms in Khyber Pakhtunkhwa’s tourism industry.

“The KITE project is encouraging responsible tourism in Khyber Pakhtunkhwa in collaboration with public and private sector stakeholders,” said Kiran Afzal, Task Team Leader for the project.

“This means better roads, improved tourist facilities, and more opportunities for local communities to benefit from the growth of the tourism economy. The project will create jobs, train local people, and preserve the country’s rich cultural heritage.”

Copyright Business Recorder, 2025



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Economist Intelligence

Aurangzeb confident inflation will stay in check amid ongoing flood crisis – Business & Finance

September 10, 2025
Economist Intelligence

Floods ravage over 1.3mn acres of agricultural land in Punjab, says PBF – Business & Finance

September 10, 2025
Economist Intelligence

National Tariff Policy 2025-30 could hinder industrialisation in Pakistan, warns PRAC – Markets

September 10, 2025
Economist Intelligence

Pakistani rupee records 24th successive gain against US dollar – Markets

September 10, 2025
Economist Intelligence

Discussions with stakeholders finalised: New industrial policy to be announced soon – Business & Finance

September 10, 2025
Economist Intelligence

KP expresses reservations over proposed energy framework – Business & Finance

September 10, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Aurangzeb confident inflation will stay in check amid ongoing flood crisis – Business & Finance

September 10, 2025

Floods ravage over 1.3mn acres of agricultural land in Punjab, says PBF – Business & Finance

September 10, 2025

National Tariff Policy 2025-30 could hinder industrialisation in Pakistan, warns PRAC – Markets

September 10, 2025

Pakistani rupee records 24th successive gain against US dollar – Markets

September 10, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Jim Cramer’s top 10 things to watch in the stock market Wednesday
  • US dollar stabilizes amid mounting geopolitical tensions, and before inflation data
  • Family offices to keep consistent allocations over next 12 months: Goldman Sachs survey
  • Family offices to keep consistent allocations over next 12 months: Goldman Sachs survey
  • Breaking | Chinese and US defence ministers discuss Taiwan, South China Sea in video call

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Jim Cramer’s top 10 things to watch in the stock market Wednesday

September 10, 2025

US dollar stabilizes amid mounting geopolitical tensions, and before inflation data

September 10, 2025

Family offices to keep consistent allocations over next 12 months: Goldman Sachs survey

September 10, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.