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Asian Development Bank

Masatsugu Asakawa ADB President

ADB to provide $ 2B to Pakistan for climate-resilience initiatives

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 support the country’s infrastructure development and climate-resilience initiatives. During his meeting with President, Masatsugu Asakawa commended the recent signs of economic recovery and stabilisation in […]

Pakistan growth forecast is rising: ADB

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 Asian Development Outlook (ADO) released on Thursday (11th April, 2024). “In Pakistan, growth forecast is rising at 1.9% in FY2024 (ending on 30 June 2024) […]

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