German Parliamentary Minister for Financial Affairs Niels Annen on Tuesday introduced financial help value 163 million euros for Pakistan.
He made this announcement throughout his assembly with Financial Affairs Minister Sardar Ayaz Sadiq, saying the help can be given in lieu of three to 5 years growth initiatives.
In keeping with the press launch, Germany would additionally present a further and instant support of 27 million euros, to be distributed by means of Benazir Earnings Help Programme (BISP), to beat meals shortages within the flood-affected areas of Pakistan.
On the event, the 2 sides agreed to extend cooperation within the fields of vitality, funding, surroundings and technical coaching.
Ayaz Sadiq stated Pakistan hooked up nice worth to its lengthy standing and historic ties with Germany.