Economic Revitalization of Khyber Pakhtunkhwa and FATA (ERKF)
The Multi Donor Trust Fund (MDTF) project ‘Economic Revitalization of Khyber Pakhtunkhwa and Federally Administered Tribal Areas (FATA)’ is a joint initiative for both Khyber Pakhtunkhwa and FATA to provide support to the Small and Medium Enterprises (SMEs), attract Diaspora investment, and strengthen institutional capacities to foster investment and implement regulatory reforms. The project is a response to the priority interventions identified under the donor-supported Post Crisis Needs Assessment (PCNA) Report. The MDTF for Khyber Pakhtunkhwa, FATA and Balochistan was established to support the recommendations made in the PCNA report, and is being administered by the World Bank on behalf of 10 donors.
The Project is divided in three components:
Component 1: SME Development
Component 2: Investment Mobilization
Component 3: Capacity Building to Foster Investment and Implement Reforms