Pakistan_Technical_Assistance_Programme

Pakistan Technical Assistance Programme

Pakistan Technical Assistance Programme

Multilateral foreign aid assistance programme


The Pakistan Technical Assistance Programme (PTAP) is a bilateral and multilateral assistance programme, primarily responsible for administering civilian foreign aid to other countries. The programme functions through administrating the financial donations, industrial training, and expertise to developing countries to the partnering nations who have foreign relations with Pakistan. Since its inception in 1950s, the programme distributes foreign aide that covers 65 developing countries including from Middle East, East Asia, Africa, and Latin America.

To further strengthen the image of Pakistan in the developing world, the PTAP offers educational training and expertise in commercial banking, railways, steel mill industries, postal services, and information technology that are arranged regularly on Annual Basis in Pakistan and overseas.[1][2] Its counterpart is a military advisory program restricted only to long-term partnering nations who have maintained historically healthy relations with Pakistan.

Courses

International Training

International trainings are jointly sponsored by the government of Pakistan and State Bank of Pakistan under the Pakistan Technical Assistance Program (PTAP). The training programs are fully funded and are available to the nominees of friendly developing countries. The objectives of the training program are to create and foster goodwill, strengthen bilateral relations, and to share expertise, knowledge in the field of banking and finance. For the last three decades the programs are in high demand and large number of bankers, government functionaries and officials of almost 105 developing countries have benefited from the program. NIBAF organized and hosted international trainings both in central and commercial banking each of four -week duration that were attended by 38 participants from about 19 developing countries. These countries included Bangladesh, Sri Lanka, Cambodia, Jordan, Nepal, Senegal, Thailand, Uzbekistan, Maldives, Sudan, Iran, Malawi, Myanmar, Senegal, Vietnam, Fiji, Afghanistan, and Indonesia.

International Training program for Securities Market Managers

International training program for securities market managers and compliance officers was launched in collaboration with South Asian Federation of Exchanges (SAFE) and Futures and Options Association (FOA) of UK at NIBAF Islamabad. This international training mainly focuses on international standards for the operation and management of securities and derivatives exchanges by covering in particular high level exchange management issues like conflict of interest management, trading practices and procedures, identification and prevention of market manipulation, market supervision and enforcement and clearing and settlement procedures.[3]


References

  1. "Economic Affairs Division - Government of Pakistan". 202.83.164.25. Archived from the original on 4 December 2012. Retrieved 3 February 2022.
  2. "Archived copy" (PDF). Archived from the original (PDF) on 2012-11-05. Retrieved 2014-01-07.{{cite web}}: CS1 maint: archived copy as title (link)

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