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Pakistan, Australia engage in 10-year aid partnership

Pakistan and Australia signed on Monday an aid partnership programme in an effort to promote prosperity, reduce poverty and enhance stability in Pakistan.

Australian High Commissioner to Pakistan Margaret Adamson and Economic Affairs Division Secretary Tariq Bajwa signed the Aid Partnership Arrangement 2016-25.

Australia announces $19m aid for Pakistan

The arrangement underpins the continuation of Australia’s long-term Official Development Assistance (ODA), reflecting its commitment to supporting Pakistan in building its economic prosperity and promoting sustainable and equitable development.

The Australian government is providing an estimated AUD47 million in total development assistance to Pakistan in 2016-17.

“Through this arrangement, Australia and Pakistan have jointly acknowledged financial aid through government platforms and support through international organisations and registered NGOs,” said a statement issued by the Australian High Commission in Islamabad.

Australia is also providing scholarships for higher education and fostering institutional linkages.

“Australia’s aid partnership aligns with and supports Pakistan’s development policy, Vision 2025 as well as Australia’s own development policy of promoting prosperity, reducing poverty and enhancing stability and is aligned with our mutual international commitments, including to gender equality and human rights,” Adamson said.

“The Australia-Pakistan development partnership invests in Pakistan’s human capital as well as building agricultural productivity and the sustainable management of water.”

She pointed out that Australian engagement in the mango value chain had resulted in better fruit production, marketing and distribution as well as strengthening exports of the iconic Pakistan product.

The high commissioner said Australia and Pakistan would continue to partner in development projects that aligned with Pakistan’s priority needs, including in agriculture, water resource management, clean energy, health and nutrition. The Australian aid also supports Pakistan in times of humanitarian crisis.

Source: The Express Tribune

Byline: Correspondent

December 20, 2016

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