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July 1 to Dec 7: Pakistan receives $481mn assistance from ADB

ASMA RAZAQ ISLAMABAD : Pakistan received $ 481 million foreign assistance from the Asian Development Bank (ADB) fro
Published Updated

 ASMA RAZAQ

ISLAMABAD: Pakistan received $ 481 million foreign assistance from the Asian Development Bank (ADB) from July 1 to December 7.

According to data available with Business Recorder, USAID was the second major foreign assistance provider by disbursing $ 58.4 million from July 1 to-date.

Germany was the third largest assistance provider to Pakistan and disbursed $ 10.29 million.

DFID (UK Department for International Development) was the fourth largest assistance provider to Pakistan with $ 10.24 million disbursed in the current fiscal year.

Data reveals that during the first six months of the current fiscal year, AusAID (Australian Agency for International Development) provided $ 6.98 million, Belgium $ 3.203 million, Canadian International Development Agency (CIDA) 0.56million dollars, Canada 0.93 million dollars, China $ 0.46 million and European Commission's Humanitarian Aid Office (ECHO) provided $ 1.69 million to the country.

The European Union (EU) disbursed $ 8.9 million to Pakistan, AFD (Agence Francaise de Developpement) $ 0.47 million, Islamic Development Bank (IDB) provided $ 0.92 million, International Private Donors $ 81000, Ireland $ 3.04 million, Italy $ 0.356million, Japan $ 5.009 million, Luxembourg $ 0.853 million, Netherlands $ 1.01million, Norway $ 1.69 million and Saudi Fund for Development provided $ 1.079 million.

From July 1 to December 7, Spain disbursed $ 2.81 million to Pakistan, Sweden $ 3.5 million, Swiss Agency for Development and Cooperation (SDC) 42 thousand dollars, Switzerland 75 thousand dollars, Food and Agriculture Organization of the United Nations ( FAO) $ 0.101 million, IFAD (International Fund for Agriculture Development) $ 4.40 million, International Labor Organization (ILO) 0.22million dollars,  UNDP $ 0.78 million, UNEP (United Nations Environmental Program) $ 0.42 million, UNFPA ( United Nations Fund for Population Activities) $ 1.49 million, and Unicef $ 3.58 million.

CERF disbursed (Central Emergency Response Fund) $ 0.90 million to Pakistan, Emergency Response Fund (ERF) $ 24 thousands, Multi Donor Trust Fund (MDTF) $ 0.67 million, UN-EFW (Extended-Funding Window) $ 0.13 million, International Bank for Reconstruction and Development (IBRD) $ 4.7 million and International Development Association (IDA) disbursed $ 1.07 million to Pakistan so far during the current fiscal year 2011-12.

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