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ADB approves business plan of $3.25bn for Pakistan

ISLAMABAD: The Asian Development Bank (ADB) has approved the business plan of $3.25 billion for Pakistan, ARY News reported.

Pakistan will get the approved amount under a new lending programme for next three years.       

This aid will be given to Pakistan to overcome the energy crisis as well as for some other challenges faced by the state-owned enterprises.              

Furthermore, about 26 per cent of this will be provided through multi tranche facilities.          

The non-lending technical assistance programme for 2014-16 currently stands at $15.6 million for 16 technical assistance projects.                                                                                                                                                                                           

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