ISLAMABAD: President ADB Masatsugu Asakawa has announced on Wednesday (18th Sept, 2024) that the Bank will provide $2 billion in annual assistance to Pakistan over the next three years to…
ISLAMABAD: In order to support the rehabilitation of KP roads and augment their safety, ADB has approved a loan of $320 here on Friday (13th September, 2024). ADB stated that…
ISLAMABAD: Pakistan’s GDP growth forecast is rising and would reach to 1.9 percent during the fiscal year 2023-24, ending on June 2024, says Asia Development Bank (ADB) in its flagship…
ISLAMABAD: A $554 million financing package, including new and reallocated funds, has been approved to support recovery and reconstruction efforts in Pakistan following this year’s devastating floods, and to strengthen…
ISLAMABAD: Prime Minister Shehbaz Sharif on Monday said that Asian Development Bank’s “Building Resilience with Active Countercyclical Expenditure” (BRACE) Program would go a long way to improve Pakistan’s financial position…
ISLAMABAD: The Asian Development Bank (ADB) will provide flood relief support to Pakistan to the tune of US$ 2.3 to 2.5 billion. This will include US$ 1.5 billion for the…
ISLAMABAD: Ministry of Finance has taken to the Twitter to inform that "Finance Minister Senator Mohammad Ishaq Dar meets Mr. Yong Ye, Country Director, ADB,discussed progress on ongoing portfolio. "FM…
ISLAMABAD: The Asian Development Bank (ADB) will approve funding of over $2 billion to support Pakistan's post-flood relief and resilience activities by the end of current year, ADB Director General…
ISLAMABAD: Finance Minister Miftah Ismail has said the government is giving a prime focus to effective structural reforms to ensure sustainable and inclusive economic growth in the country. He was…
ISLAMABAD: The Asian Development Bank (ADB) has endorsed a new 5-year country partnership strategy (CPS) to help restore economic stability and growth in Pakistan, enhance people’s well-being, create jobs, and…
ISLAMABAD: The Asian Development Bank (ADB) has launched a $9 billion vaccine initiative the Asia Pacific Vaccine Access Facility (APVAX) offering rapid and equitable support to its developing members as…
ISLAMABAD: The Asian Development Bank (ADB) and the Government of Punjab have signed a Memorandum of Understanding (MOU) to jointly promote public-private partnership (PPP) projects in Punjab’s healthcare sector through…
ISLAMABAD: The Asian Development Bank (ADB) Vice President, Shixin Chen reaffirmed ADB’s support for Pakistan’s development efforts and coronavirus disease (COVID-19) pandemic response during a series of virtual meetings with…
ISLAMABAD: The Asian Development Bank (ADB) and the Government of Pakistan today signed a $2 million grant agreement to strengthen Pakistan’s efforts to combat the coronavirus disease (COVID-19) pandemic. Secretary…
ISLAMABAD: Federal Minister for Industries and Production Hammad Azhar on Friday informed the Senate that the past governments had provided unfunded subsidies without any proper budgetary allocation. Replying to a…
ISLAMABAD: The lockdown due to COVID-19 coupled with severe locust invasions in Sindh province significantly disrupted food supply chains across all major agricultural products, said a survey report issued by…
ISLAMABAD: The Asian Development Bank (ADB) returned to the US dollar bond market with the pricing of a 3-year global benchmark bond worth $3 billion and a 10-year global benchmark…
ISLAMABAD: The Asian Development Bank (ADB) is establishing a regional hub to promote knowledge sharing and strengthen cooperation on tax policy, tax administration across economies in Asia and the Pacific…
ISLAMABAD: Pakistan is projected to experience a broad economic recovery in current fiscal year (FY21 which ends June 30, 2021) as the economic sentiment improves with the expected subsiding of…
MANILA: Coronavirus-ravaged economies across the Asia Pacific will make a "swoosh-shaped" recovery next year, the Asian Development Bank forecast Tuesday, but it warned that further restrictions to combat the contagion…
ISLAMABAD: Pakistan's gold reserves increased by 20 percent during the fiscal year 2018-19 to $3.04 billion as compared to the preceding year's reserves of $2.534 billion, the Asian Development Bank…
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh said Monday that world community's support was imperative to deal with the situation arising out of COVID-19…
ISLAMABAD: Asian Development Bank (ADB) President Masatsugu Asakawa said the Sustainable Development Goals (SDGs) and related targets in the Paris agreement on climate change provide strong frameworks for the recovery…
MANILA: The COVID-19 pandemic will hit hard nearly 220 million young workers aged 15 to 24 in Asia-Pacific region, according to a report released by the Asian Development Bank (ADB)…
