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Tag: Asian Development Bank

Pakistan
  • Web Desk
  • Jun 18, 2025
Pakistan secures $1bn in landmark financing deal

It is the first facility supported by ADB’s Policy-Based Guarantee linked to policy reform measures undertaken by an ADB Member Country, i.e Pakistan.

ADB loan for Pakistan
Business
  • Web Desk
  • Nov 05, 2024
ADB plans 23 projects to support Pakistan’s economic, climate goals

ADB is working on projects to strengthen its partnership with Pakistan. This year, it plans seven projects, with 16 more expected next year.

ADB loan for Pakistan
Business
  • Web Desk
  • Oct 14, 2024
ADB appoints new Country Director for Pakistan

On Monday, the Asian Development Bank (ADB) announced the appointment of Xiaoqin (Emma) Fan as its new Country Director for Pakistan.

ADB
World
  • Reuters
  • Sep 17, 2024
UK to give Asian Development Bank guarantee to unlock climate finance

Earlier t ADB said it had approved a new goal to devote 50% of its annual lending to climate finance by 2030

ADB, Pakistan sign
Pakistan
  • Web Desk
  • Sep 16, 2024
ADB, Pakistan sign $720 million worth of projects

Asian Development Bank President Masatsugu Asakawa along with a delegation calls on Prime Minister Shehbaz Sharif

Pakistan GDP growth
Business
  • Web Desk
  • Jul 18, 2024
Pakistan’s public debt-to-GDP ratio may drop to 70 per cent: ADB

Pakistan’s public debt is set to decrease significantly, dropping by 7 percentage points to 70 per cent of GDP.

ADB and Sindh Govt flood victims to help flood victims
Business
  • Web Desk
  • Mar 09, 2024
Sindh govt teams up with ADB to build 250,000 houses for flood victims

Sindh CM Syed Murad Ali Shah engaged in fruitful discussions with the Asian Development Bank (ADB) delegation, led by Hong Soo Lee.

Asian Development Bank grant
Business Pakistan
  • Web Desk
  • Mar 02, 2024
ADB cancels PKR 166.9 million grant for Pakistan’s gas storage system

The Asian Development Bank (ADB) has revoked a $6 million grant designated for the development of the gas storage system in Pakistan.

Pakistan external financing
Business
  • Web Desk
  • Feb 23, 2024
Pakistan secures $315.6 million in external financing in January 2024

Pakistan has secured external financing amounting to $315.59 million in January 2024, as revealed in the latest monthly report.

Finance minister shamshad akhtar inflation
Business
  • Web Desk
  • Jan 28, 2024
FinMin envisions 16-18% tax-to-GDP ratio, urges customs revamp

Finance Minister Dr Shamshad Akhtar underscored the imperative for ongoing reforms and increased revenue efforts by the FBR.

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