Transforming Naya Pakistan Fund: Strengthening Pakistan Through Industrial Revitalization and Rural Transformation (March 2019)
Transforming Naya Pakistan Fund was the concept behind establishing a unique fund with the objective of meeting the Sustainable Development Goals to alleviate poverty by strengthening federalism. The strategic vision foresaw industrial and rural revitalization as a means to reducing provincial disparity, maximizing poverty alleviation and thus strengthen the federation by having multiple funds for each of the priority sectors where there is disparity amongst the districts. Using the Village Growth Accelerator Program (VGAP)—a model framework also developed by Reenergia, a Rural Transformation Fund was to be established supported by the government, donors, private sector venture capital and implemented by apex institutions such as the PPAF, NRSP, RSPN and the Khushhali Microfinance Bank (KMFB).