ISLAMABAD: The World Bank (WB) has rated the Punjab Human Capital Investment Project (PHCIP) implementation progress, worth around revised $146.31 million, as moderately unsatisfactory.
The project was approved in March 2020 with the development objective of to increase the utilisation of quality health services, and economic and social inclusion programs among poor and vulnerable households in select districts in Punjab. The closing date of the project was 30 June 2025, which is revised to 30 June 2026. The original cost of the project was $200 million, which is revised to $146.31 million.
Official documents revealed that $122.19 million of the revised $146.31 million were disbursed while $32.74 million remain un-disbursed so far.
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The project remains on-track to achieve its development objectives, although there have been some delays in the pace of implementation. A total of 1,084,186 pregnant and lactating women have been registered under the Aaghosh program across the project districts. Under the economic inclusion component, economic inclusion assets have been transferred to 64,592 families. The sub-component of education is providing Early Childhood Care and Education (ECCE) intervention (books, furniture, learning kits) to 9,397 schools, exceeding its revised target of 8900 schools. A fully functional Grievance Redress Mechanism is also in place.
Copyright Business Recorder, 2025
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