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Press Releases

Thursday, March 9, 2017 - 10:45am

The U.S. government, in partnership with three investment funds,  is managing a pool of more than 15.6 billion Pakistani rupees to invest in Pakistan’s dynamic small and medium-sized businesses.

Under the Pakistan Private Investment Initiative (PPII), a program of the U.S. Agency for International Development (USAID), the U.S. is capitalizing on the expertise of these investment funds to make investment decisions that will, spur economic growth, and generate profits for investors.

The USAID Mission Director for Pakistan John Groarke announced today that all three private equity funds established under the PPII are making investments.

The PPII consists of the Abraaj Pakistan Fund, the Pakistan Catalyst Fund, and the Boltoro Growth Fund, three professionally managed investment funds that provide equity capital for Pakistan’s fast-growing small- and medium-sized businesses.  The USAID program has provided 2,496 million Pakistani rupees for each fund, for a total contribution of nearly 7.5 billion Pakistani rupees, and the three funds have each matched or exceeded the USAID contribution.

Agriculture
Thursday, February 9, 2017 - 12:00pm

The Olive Development Group, created by the Government of Punjab with the support of USAID’s Punjab Enabling Environment Project, works with public and private sector entities to improve the business environment of the olive sector in Punjab. 

Agriculture
Wednesday, January 18, 2017 - 12:45am

U.S. Consul General Yuriy Fedkiw and Indonesian Ambassador to Pakistan Iwan Suyudhie Amri participated in the announcement of the harmonization of Indonesia’s import calendar with the Pakistani kinnow export season, thereby increasing trade of this commodity. 

USAID Pakistan
Tuesday, January 17, 2017 - 12:45am

The United States Ambassador to Pakistan David Hale and Mr. Sikandar Hayat Khan Bosan, Federal Minister for National Food Security and Research, inaugurated a Citrus Exposition organized by the United States-Pakistan Partnership for Agricultural Market Development at the Marriott hotel in Islamabad.

USAID Pakistan
Friday, December 9, 2016 - 6:00am

The United States Agency for International Development (USAID) signed an agreement with the Government of Khyber Pakhtunkhwa in March 2015 to provide $22.22 million funding for the Gomal Zam Dam Command Area Development project.

USAID Pakistan
Thursday, December 1, 2016 - 11:15pm

American Ambassador to Pakistan David Hale along with National Highway Authority Chairman Shahid Ashraf Tarar and Frontier Works Organization Director Major General Muhammad Afzal today opened an exhibition displaying photos of the recently rehabilitated section of National Highway (N-25) connecting Chaman to Kalat through Quetta, Balochistan.

Education
Wednesday, November 16, 2016 - 5:45am

U.S. Consul General Grace W. Shelton and Sindh Education Minister Jam Mahtab Hussain Dahar today inaugurated a new school in Rohri; district Sukkur that was constructed with the support of the United States Government through the U.S. Agency for International Development (USAID).

USAID Pakistan
Wednesday, October 19, 2016 - 4:45am

The United States Agency for International Development (USAID) and the Food and Agriculture Organization of the United Nations (FAO) hosted a joint event to commemorate the successful completion of a $32 million, USAID-funded Balochistan Agriculture Project that was implemented by the FAO.

Let Girls learn
Tuesday, October 18, 2016 - 5:45am

U.S. Consul General in Lahore Yuriy R Fedkiw and Governor Punjab Malik Muhammad Rafique Rajwana today awarded scholarships to students from Punjab Province under the United States Agency for International Development (USAID)-supported Merit and Needs-Based Scholarship Program (MNBSP).

USAID Partnership
Tuesday, October 4, 2016 - 11:30am

The United States Agency for International Development (USAID) and the Ministry of Finance on September 16 signed the latest amendment to the Pakistan Enhanced Partnership Agreement (PEPA), the document through which the U.S. government provides development assistance to Pakistan. This agreement provides an additional $407 million to support U.S. and Pakistan government initiatives to improve critical infrastructure, create economic opportunities, and pursue economic and political reforms that promote prosperity.

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Last updated: February 13, 2017

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