Germany agrees to provide  over 163 million Euros to Pakistan.

Government of Pakistan
Ministry for Economic Affairs
Press Release

Germany agrees to provide  over 163 million Euros to Pakistan.
Berlin  May 09, 2023: 

Government to Government (G2G) negotiations between the Islamic Republic of Pakistan and the Federal Republic of Germany were held on May 8 and 9, 2023, in Berlin Negotiations were inaugurated  by Sardar Ayaz Sadiq, the Federal Minster for Economic Affairs of Pakistan and Mr. Niels Annen, Parliamentary State Secretary for Federal  Ministry of Economic Cooperation and Development (BMZ), Germany. The negotiations were then co-chaired  by Dr. Kazim Niaz, Secretary Economic Affairs of Pakistan and Mr. Helmut Fischer Head of Pakistan and Afghanistan Division in BMZ. 

During negotiations, development projects worth Euros 163 million were agreed to be funded by the German government in Pakistan. The projects include the main sectors of the economy and socio-economic development, i.e., climate, social protection, health, water and irrigation , TVET, as well as human development.  

In the inaugural statement, Mr. Annen stated that both  Pakistan and Germany enjoy cordial relations based on very  strong and stable development cooperation history over the last six decades.  He underscored that Germany sees Pakistan as a very important strategic bilateral partner from the perspective of development cooperation and other spheres of mutual interest. He assured that his country is committed to align the development interventions by BMZ  with Pakistan’s development strategy, the 2030 Agenda, and the sustainable development goals. 

Sardar Ayaz Sadiq in his statement appreciated the development assistance extended by German government for the socio-economic  development of Pakistan during the last more than 60 years and the much needed support provided by the German government during the 2022 floods. 

Dr. Niaz and Mr. Fischer, in their statements, reiterated their commitment to close cooperation and robust engagement  between the Ministry of Economic Affairs Pakistan  and BMZ  Germany for efficient implementation of development projects to achieve  the desired results. It was agreed that the next  round of G2G negations will be held in Pakistan in 2025.