ISLAMABAD: The United States will provide grant assistance of $445.6 million to Pakistan under a new five-year bilateral Development Objectives Assistance Agreement (DOAA), signed here on Wednesday.

The agreement will be instrumental for socio-economic uplift of the country, supporting major areas like climate-resilient economic growth, inclusive and accountable democratic governance and a healthier and more educated population.

The last development partnership agreement — Pakistan Enhanced Partnership Agreement (PEPA) — was signed between the two countries in 2010.

Secretary of Economic Affairs Division Kazim Niaz and USAID Mission Director in Pakistan Reed Aeschliman signed the agreement.

The agreement signing ceremony was witnessed by Minister of Economic Affairs Sardar Ayaz Sadiq and the visiting USAID Deputy Administrator Isobel Coleman.

A statement issued by the Economic Affairs Division says the agreement has been signed between the government and USAID after an extensive consultative process with the federal and provincial departments.

Published in Dawn, June 8th, 2023