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World Bank Approves Rs16bn Funding for Uplift Schemes in Upcoming Fiscal Year

Pakistan Community Support Project
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LAHORE: The Punjab Cities Programme (PCM) will receive funding from the World Bank, totalling Rs.16 billion funding for development projects envisioned for several cities and towns in the forthcoming fiscal year. The government will use this money to start new initiatives to enhance infrastructure and enhance residents’ quality of life.

According to Ibrahim Murad, the Punjab Caretaker Minister for Local Government & Community Development Department. Various ongoing development projects in partnership with the World Bank under the PCM are entering their final phases. These Rs23 billion initiatives are being carried out in 16 cities around Punjab. Additional PCM initiatives will be launched in the upcoming fiscal year with Rs 16 billion Funding from the World Bank.

The CEO of the Punjab Municipal Development Funds Company (PMDFC) and other vital players attended a recent meeting. He examined the status of the ongoing initiatives. The gathering showcased projects relating to waterproofing supply, drainage, solid waste management, road construction, parks, and bus stops that have made quick progress. Daska, Hafizabad, Jhelum, Kamoke, Muridke, Wazirabad, Gojra, Jaranwala, Jhang, Kamalia, Okara, Bahawalpur, Burewala, Khanewal, Kot Addu, and Vaheri are among the cities that will gain from these activities.

Minister Murad stressed the significance of finishing the ongoing projects by the deadline. In particular, in less developed areas, he encouraged the provision of safe drinking water and the construction of drainage projects.

The minister also emphasised the importance of training local government staff to guarantee transparent project completion and long-term results. To improve local government, he also emphasised the value of transparent financial management, and adherence to environmental regulations.

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