Pakistan to receive huge funds from Gates Foundation under poverty alleviation program
ISLAMABAD - Pakistan to receive huge funds from Gates Foundation under poverty alleviation program, media report has revealed.
Pakistan and Bill & Melinda Gates Foundation have signed a Memorandum of Understanding for the Ehsaas initiative to alleviate poverty in Pakistan.
Bill and Melinda Gates Foundation will provide Pakistan $200 million for the implementation of ‘Ehsas Program’ next year. A Memorandum of understanding was signed by both parties in a meeting held in New York today.
Prime Minister Imran Khan, Dr. Sania Nishtar, Special Assistant to the Prime Minister of Pakistan on Poverty Alleviation and Social Protection, Bill Gates co-chair of the Bill & Melinda Gates Foundation, and Chris Elias president of global development Bill & Melinda Gates Foundation, participated in a bilateral meeting on the future of Ehsaas, a collaboration to put funding, technical assistance, and the help of global experts toward improving health, nutrition and financial inclusion in Pakistan.
According to the agreement, the amount will be spent upon 134 poverty alleviation projects.