Islamabad: Federal Minister for Economic Affairs Hammad Azhar Friday said that the financial assistance
from Germany will support key priority sectors of the government like renewable energy, social health
protection and access to financial services.
He was speaking at an agreement signing ceremony between Pakistan and Germany in Islamabad.
The Minister said government of Pakistan honors and appreciates financial cooperation from the Germany and looks forward to strengthen bilateral relations in future specifically after the Government to Government
negotiations in September this year.
The agreement signed between the two countries under the Pakistan-Germany Development Programme is for
financial assistance worth 22.4 million Euros to support existing projects in renewable energies, better grid
connections and improved access to financial services.
Secretary, Economic Affairs Division Noor Ahmed and Charge’d’ Affaires of the German Embassy Dr. Jens
Jokisch signed the document on behalf of their respective organizations.
Federal Minister for Economic Affairs Hammad Azhar also witnessed the signing ceremony.
Under the agreement, support for Social Health Protection schemes in Khyber Pakhtunkhwa and Gilgit-
Baltistan is also included which shall provide health insurance to underprivileged masses and investments for polio eradication in collaboration with Ministry of National Health Services.
The contracting parties underlined the good relations between Germany and Pakistan and looked forward to
strengthening their cooperation.
Both sides looked forward to having meaningful deliberations in the upcoming Government to Government Negotiations in Berlin this year to commit funds for future projects.