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Tag "ADB"

ADB upgraded BISP rating from A to A+: Marvi Memon

ADB upgraded BISP rating from A to A+: Marvi Memon

🕔22:52, 26.Sep 2016

ISLAMABAD: Minister of State and Chairperson Benazir Income Support Program (BISP) MNA Marvi Memon on Monday said BISP has successfully achieved Disbursement Linked Indicators (DLIs) under World Bank, DFID and Asian Development Bank (ADB) projects which are development partners of BISP.

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ADB approves $810m for Pakistan’s energy sector overhaul

ADB approves $810m for Pakistan’s energy sector overhaul

🕔11:29, 25.Aug 2016

ISLAMABAD: The Asian Development Bank (ADB) has approved an $810 million multi-tranche financing facility to develop Pakistan’s power transmission system, to improve the reliability and quality of energy supply, and to meet increasing demand for electricity.

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China-backed AIIB approves first loans

China-backed AIIB approves first loans

🕔13:17, 25.Jun 2016

BEIJING: The China-backed Asian Infrastructure Investment Bank (AIIB) approved its first four loans totalling over half a billion dollars, it announced Friday, as it joined forces with putative rivals to finance projects across Asia.

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ADB to provide $100m to Pakistan for motorway construction

ADB to provide $100m to Pakistan for motorway construction

🕔15:52, 20.Jun 2016

ISLAMABAD: The Asian Development Bank (ADB) will provide US $ 100 million for the construction of Motorway M-4.

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ADB approves $1.4 bn for Pakistan energy sector

ADB approves $1.4 bn for Pakistan energy sector

🕔16:53, 20.Nov 2015

ISLAMABAD: The Asian Development Bank said Friday it has approved combined loan assistance to Pakistan of nearly $1.4 billion for programmes targeting its power sector, a crucial boost as Islamabad struggles to resolve a years-long energy crisis.

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ADB expresses willingness to finance power projects in Pakistan

ADB expresses willingness to finance power projects in Pakistan

🕔09:31, 9.Aug 2015

ISLAMABAD: Asian Development Bank (ADB) has expressed willingness to finance projects in Pakistan relating to upgradation and strengthening of power transmission lines and distribution system.

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ADB considering to enhance funding for Pakistan

ADB considering to enhance funding for Pakistan

🕔14:54, 8.Jul 2015

ISLAMABAD: Asian Development Bank (ADB) says it is considering enhancing funding for Pakistan.

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ADB to finance $6bn in Pakistan infrastructure projects

ADB to finance $6bn in Pakistan infrastructure projects

🕔19:04, 12.May 2015

KARACHI: The Asian Development Bank (ADB) on Tuesday approved a $6 billion loan to help build up Pakistan’s dilapidated power network and other key infrastructure, Islamabad said.

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Pakistan’s economy is showing signs of recovery: ADB

Pakistan’s economy is showing signs of recovery: ADB

🕔11:27, 25.Mar 2015

ISLAMABAD: Pakistan’s economy is showing signs of recovery underpinned by falling global oil prices and the expected uptick in regional economic growth, the Asian Development Bank (ADB) says in a major new report released on Tuesday.

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ADB steps up Islamic finance efforts, eyes infrastructure

ADB steps up Islamic finance efforts, eyes infrastructure

🕔09:53, 24.Mar 2015

DUBAI: The Asian Development Bank (ADB) is stepping up efforts to assist member countries to use Islamic finance in areas such as infrastructure financing, ranging from technical assistance to providing credit guarantees, an ADB official said.

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