Germany Announces €163m Aid for Pakistan


German Parliamentary Minister for Economic Affairs Niels Annen on Tuesday announced economic assistance worth 163 million euros for Pakistan.

He made this declaration during his gathering with Financial Undertakings Priest Sardar Ayaz Sadiq, saying the help would be given in lieu of three to five years improvement projects.

As per the public statement, Germany would likewise give an extra and prompt guide of 27 million euros, to be dispersed through Benazir Pay Backing Project (BISP), to conquer food deficiencies in the flood-impacted areas of Pakistan.

On the event, the different sides consented to increment collaboration in the fields of energy, speculation, climate and specialized preparing. Ayaz Sadiq said Pakistan connected incredible worth to its well established and memorable binds with Germany.

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