Pakistan signed a grant agreement of US$ 09 million with the World Bank on Tuesday for “Competitive Industries Project in Khyber Pakhtunkhwa” to be funded under the Multi-Donor Trust Fund (MDTF). The agreement was signed by Nargis Sethi, Secretary Economic Affair Division on behalf of the government of Pakistan, Sajid Khan Jadoon, Secretary Industry, on behalf of the government of Khyber Pakhtunkhwa and Rachid Benmessaoud, Country Director World Bank on behalf of the World Bank. The agreement is in line with the present government policy of generating economic activities in all the federating units particularly Khyber Pakhtunkhwa to offset effects of the fight against militancy and extremism.
