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EU to provide €23m to PKSF

Staff Correspondent
29 Dec 2022 17:31:05 | Update: 29 Dec 2022 17:42:38
EU to provide €23m to PKSF
— Representational Photo/Reuters

The European Union (EU) will provide support worth €22.81 million to Palli Karma-Sahayak Foundation (PKSF) for extreme poverty reduction.

The grant agreement was signed to implement a new project titled “Pathways to Prosperity for Extremely Poor People (PPEPP)-European Union” at Agargaon’s PKSF Bhaban in Dhaka on Thursday, read a press release.

PKSF Managing Director Dr Nomita Halder ndc and EU Delegation Head to Bangladesh Mr Maurizio Cian inked the agreement worth €22.81 million on behalf of their organisations.

PPEPP-EU project will support 2,15,000 most vulnerable extremely poor households (about 0.86 million people) in 145 unions of 12 districts, where poverty rates are higher than the national average.

Specific objective of the project is to enable the target people to exit extreme poverty, and make significant progress along a pathway towards prosperity.

The project will work in flood-prone river basin area of northwestern region (Rangpur, Kurigram, Dinajpur, Thakurgaon, Nilphamari and Gaibandha), cyclone and saline-prone southwestern region (Khulna, Satkhira, Bagerhat, Patuakhali and Bhola), and northeast haor region (Kishoreganj) and some ethnic minority clusters in the north.

PPEPP-EU will also work around livelihoods and enterprise development, nutrition and primary healthcare, access to services through community mobilisation, disability inclusion, climate resilience building and women empowerment.

Target groups will include women-headed households, single mothers, the elderly, households with child labour, persons with disabilities, people of third gender and intersectional groups such as ethnic minority. 

PPEPP-EU’s legacy project – Pathways to Prosperity for Extremely Poor People (PPEPP) – was originally launched by PKSF in 2019, with joint funding from the UK government’s Foreign, Commonwealth and Development Office (FCDO; formerly DFID) and the EU.

Following FCDO’s exit from the project after four years of successful interventions, the EU signed separate grant contracts with the Economic Relations Division, Ministry of Finance, GoB, and PKSF to continue the project for the next three years.

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