· · 2 sources

Pakistan and EU sign €65 million financing deals for development projects

The Government of Pakistan and the European Union signed three grant agreements worth €65 million on Monday to launch new programmes.

Pakistan, EU ink €65mn financing deals
File photo Pakistan, EU ink €65mn financing deals Photo: Business Recorder

Global Gateway investment project details

The first initiative aims to attract more foreign investment by improving the tax system. It also strengthens the government's long-term financial planning capabilities.

Energy resilience in Khyber Pakhtunkhwa

The second programme expands renewable energy in rural communities not connected to the electricity grid. It will provide training to help attract private investment and increase private sector involvement.

Rule of law support agreement

The third agreement supports the rule of law and business environment within Pakistan. These initiatives operate under the EU's Multiannual Indicative Programme 2021-2027.

All 2 outlets report consistently

No differences in figures, names or dates across these reports.

  • Business Recorder
  • Dawn

Reported by

2 independent outlets. Headlines as published. Links open the original report.