World Bank approves $300m to modernize Punjab’s agricultural sector

16 Dec, 2017 1:24 pm

ISLAMABAD (92 News) – The World Bank has approved three hundred million dollars to modernize agriculture sector in Punjab.

The resources provided by the World Bank will be part of a larger programme by Government of Punjab that aims to better harness the enormous potential for farming in the province.

In a statement, World Bank Country Director for Pakistan Patchamuthu Illangovan (Illango) said agriculture in Punjab has great potential but requires a paradigm shift to unlock growth opportunities.

The programme is estimated to create three hundred and fifty thousand jobs and lift 1.7 million people from poverty.

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