The Bank of Punjab, in collaboration with the British Asian Trust and NAVTTC, formally launched Pakistan’s first-ever Skills Impact Bond worth PKR 1 billion. The AAA-rated, government-backed bond aims to fund high-impact skills development programs for Pakistani youth under a results-based model.
The bond channels upfront investor funding into training programs, linking returns to measurable outcomes such as successful job placements and sustainable employment. The initiative emphasizes women’s workforce inclusion and addresses the national skills gap while leveraging private sector efficiency.
The launch received strong support from Finance Minister Muhammad Aurangzeb, Education Minister Dr. Khalid Maqbool Siddiqui, and NAVTTC officials. The program sets a precedent for future performance-driven social financing in sectors like education, healthcare, and women empowerment.
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