WB commits $300m to support human capital, livelihoods
ISLAMABAD: The World Bank (WB) Wednesday committed to provide $300 million for supporting human capital and livelihoods in Punjab and Sindh provinces.
According to WB press statement, out of this amount the bank would provide $200 million for the Punjab Human Capital Investment Project that will strengthen health services and social protection for poor and vulnerable households in selected districts in Punjab.
The statement said that Pakistan was accelerating investments in health care and education to prepare children to reach their productive potential and generate wealth. “Pakistan’s strongest asset is its people. Investing at the start of life, especially for girls and women, is essential to empower citizens to thrive,” said Illango Patchamuthu, World Bank Country Director for Pakistan.
“This project will help the Punjab province to invest in early years now to create a productive workforce for the future,” Illango added.
The project will increase the quality and uptake of health services, including maternal care, immunizations, and childbirths attended by qualified professionals, reaching up to 18 million people. – APP