Engro, Gates Foundation to protect vulnerable groups

Published April 25, 2020
Both organisations to explore opportunities for govt's poverty alleviation programme. — AFP/File
Both organisations to explore opportunities for govt's poverty alleviation programme. — AFP/File

LAHORE: The Engro Foundation, the social investment arm of Engro Corporation, has signed a three-year memorandum of cooperation with the Bill and Melinda Gates Foundation to promote the well-being of vulnerable and marginalised segments of society.

Under this agreement, both Engro and the Gates Foundation would explore opportunities to support the government’s poverty alleviation programme for deserving families, whose incomes had been adversely affected by the coronavirus lockdowns.

The foundation would be representing the philanthropic endeavours and mission of The Dawood Foundation and its affiliates as well. Both organisations will evaluate other areas of mutual interest, such as nutrition, agriculture development, financial inclusion, women empowerment, and health of mothers and children. In addition to programme-specific cooperation, the organisations would benefit from shared experience and learnings related to grant making, including strategy development, grant implementation and operational support.

The memorandum of cooperation was signed by Ghias Khan, President and CEO of Engro Corporation and Trustee of Engro Foundation, and Dr Chris Elias, President of Global Development at the Bill and Melinda Gates Foundation.

Hussain Dawood, Chairman of the Engro Corporation, in a press release on Friday said: “It gives me great pleasure to announce the collaboration between Bill & Melinda Gates Foundation and Engro Foundation. I would like to express my profound appreciation to Bill & Melinda Gates for their generosity towards Pakistan.”

Ghias Khan said: “Together with the Bill & Melinda Gates Foundation, we are excited about investing in long-term solutions that address the country’s socio-economic challenges and create sustainable impact in our communities.”

Published in Dawn, April 25th, 2020

Opinion

Editorial

System failure
Updated 12 Nov, 2024

System failure

Relevant institutions often treat right to internet connectivity with the same disdain as they do civil and political rights.
Narrowing the gap
12 Nov, 2024

Narrowing the gap

PERHAPS a pat on the back is in order for the ECP. Together with Nadra, it has made visible efforts to reduce...
Back on their feet
12 Nov, 2024

Back on their feet

A STIRRING comeback in the series has ended Pakistan’s 22-year wait for victory against world champions Australia....
Time to deliver
Updated 11 Nov, 2024

Time to deliver

Pakistan must display a serious commitment to climate change adaptation and mitigation at home.
Smaller government
11 Nov, 2024

Smaller government

THE IMF bailout programme has put the government under pressure to curtail its spending, especially current...
Unsafe inheritance
11 Nov, 2024

Unsafe inheritance

DESPITE regulations, the troubling practice of robbing women of their rightful inheritance — the culprits are ...