By Sadiq Saleem
Germany has decided to provide a technical grant of 23.4 million euros (Rs. ~4 billion) to Pakistan in order to assist the country to implement social sector reforms.
In this respect, the Technical Cooperation Agreement had been signed between Economic Affairs Division Secretary Noor Ahmed and Ambassador of Germany to Pakistan Bernhard Stephan Schlagheck under the Pakistan-Germany Development Programme. On this occasion, the Economic Affairs Minister Hammad Azhar was also present.
As per the announcement issued by Economic Affairs division, technical assistance will be provided in the projects related to social protection, technical and vocational education, local governance and labor standards in Pakistan’s textile industry. The division further said that “These schemes are in agreement with prime concern areas of govt and are aimed towards affecting the lives of the common people.”
Development cooperation between Germany and Pakistan is in place since 1961, with the total grants valuing to more than €3 billion till date.
Representatives from both the countries praised the friendly relations between the two countries and hoped to strengthen their collaboration in various sectors. Both parties reiterated the need for strong collaborations to make sure the finalization of project goals so that concerns of the end beneficiaries should be addressed.
On this occasion, Federal Minister for Economic Affairs Mr. Hammad Azhar thanked the German government for assisting in the grants, particularly in prime concern areas highlighted by Pakistan.
Sadiq Saleem is a Web Developer, Blogger and Digital Marketing Expert with a passion to write for Technology, Business, Career, and Education