The Pakistan Technical Assistance Programme (PTAP) is a

bilateral Bilateral may refer to any concept including two sides, in particular: *Bilateria, bilateral animals *Bilateralism, the political and cultural relations between two states *Bilateral, occurring on both sides of an organism ( Anatomical terms of l ...

and multilateral initiative primarily responsible for managing civilian foreign aid to other countries. Established in the 1950s, PTAP administers financial assistance, industrial training, and technical expertise to

developing countries A developing country is a sovereign state with a less-developed Secondary sector of the economy, industrial base and a lower Human Development Index (HDI) relative to developed countries. However, this definition is not universally agreed upon. ...

that maintain diplomatic relations with

Pakistan Pakistan, officially the Islamic Republic of Pakistan, is a country in South Asia. It is the List of countries and dependencies by population, fifth-most populous country, with a population of over 241.5 million, having the Islam by country# ...

. The programme benefits 65 countries across the

Middle East The Middle East (term originally coined in English language) is a geopolitical region encompassing the Arabian Peninsula, the Levant, Turkey, Egypt, Iran, and Iraq. The term came into widespread usage by the United Kingdom and western Eur ...

East Asia East Asia is a geocultural region of Asia. It includes China, Japan, Mongolia, North Korea, South Korea, and Taiwan, plus two special administrative regions of China, Hong Kong and Macau. The economies of Economy of China, China, Economy of Ja ...

Africa Africa is the world's second-largest and second-most populous continent after Asia. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 20% of Earth's land area and 6% of its total surfac ...

, and

Latin America Latin America is the cultural region of the Americas where Romance languages are predominantly spoken, primarily Spanish language, Spanish and Portuguese language, Portuguese. Latin America is defined according to cultural identity, not geogr ...

. To enhance Pakistan's standing in the

developing world A developing country is a sovereign state with a less-developed industrial base and a lower Human Development Index (HDI) relative to developed countries. However, this definition is not universally agreed upon. There is also no clear agreeme ...

, PTAP regularly offers educational training and expertise in areas such as

commercial banking A commercial bank is a financial institution that accepts deposits from the public and gives loans for the purposes of consumption and investment to make a profit. It can also refer to a bank or a division of a larger bank that deals with whol ...

, railways, steel mills, postal services, and information technology, both domestically and internationally. Its military advisory counterpart, focused on defense cooperation, is limited to nations with historically strong ties to Pakistan.

Courses

* International Commercial Banking Course at

National Institute of Banking and Finance The National Institute of Banking and Finance (NIBAF) is a subsidiary of the State Bank of Pakistan (SBP) head by the managing director, a board of directors and the governor of State Bank of Pakistan. NIBAF, a non-profit organisation, aims at pr ...

State Bank of Pakistan The State Bank of Pakistan (SBP) is the central bank of Pakistan. Its Constitution, as originally laid down in the State Bank of Pakistan Order 1948, remained basically unchanged until 1 January 1974, when the bank was nationalised and the scope ...

, Islamabad. * International Central Banking Course at National Institute of Banking and Finance, State Bank of Pakistan, Islamabad. * Advanced Railway Course

Pakistan Railways Academy Pakistan Railways Academy () or PRA, is the central training academy for employees of Pakistan Railways. History PRA was originally established as a training school for the employees of the North Western State Railway in Lyallpur (now Faisalab ...

Walton, Lahore Walton Cantonment is a cantonment area situated in Lahore, Punjab, Pakistan. It is named after Sir Cusach Walton, son of British railway engineer Frederick Walton. History Lahore Cantonment with its increasing population and extensions to the bo ...

. * Postal Services/Information Technology Course.

International Training

International training is jointly sponsored by the government of Pakistan and the State Bank of Pakistan under the Pakistan Technical Assistance Program (PTAP). The training programs are fully funded and are available to nominees of friendly developing countries. The objectives of the training program are to create and foster goodwill, strengthen bilateral relations, and share expertise and knowledge in the field of banking and finance. For the last three decades, the programs have been in high demand, and a large number of bankers, government functionaries, and officials from almost 105 developing countries have benefited from the program. NIBAF organized and hosted international training in both central and commercial banking, each of four weeks' duration, 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

The International Training program for securities market managers and compliance officers was launched in collaboration with the South Asian Federation of Exchanges (SAFE) and the Futures and Options Association (FOA) of the 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 In economics and finance, market manipulation occurs when someone intentionally alters the supply or demand of a security to influence its price. This can involve spreading misleading information, executing misleading trades, or manipulating ...

, market supervision and enforcement, and clearing and settlement procedures.

References

Foreign relations of Pakistan Multilateral relations of Pakistan Contributions to foreign aid by country {{Pakistan-gov-stub