ISLAMABAD, June 21 (Xinhua) -- The World Bank has approved 535 million U.S. dollars in financing for Pakistan to support two projects to promote social protection and transform livestock and aquaculture sectors in the country's southern Sindh province.
A financing of 400 million dollars for the Crisis Resilient Social Protection program will build on the program's on-going efforts to equip Pakistan's social protection system with policy and delivery system foundations necessary for more effective and rapid responses to future crises, the World Bank said in a statement on Thursday.
The statement said that the social protection program will focus on longer-term policy actions to further improve the national cash transfer program's effectiveness, coverage and federal-provincial coordination.
An additional fund of 135 million dollars was for Sindh Livestock and Aquaculture Sectors Transformation project to promote climate-smart production, value addition and inclusive access to markets, and help create opportunities for growth in livestock and aquaculture sectors.
The program will also contribute to strengthening the capacity of public and private providers to deliver essential knowledge, inputs and services, the statement said. ■