The international development finance institution, Asian development bank (ADB) announced the provision of $2.7 billion in approved financing to Pakistan in 2019.
Minister for Economic Affairs, Hammad Azhar formally announced the release of Dollar 500 million by the Asian Development Bank in support of Pakistan's reforms and development agenda.
he Asian Development Bank (ADB) has approved a US $ 50 million additional capital contribution to support the guarantee operations of the Credit Guarantee Investment Facility (CGIF).
Asian Development Bank plans to provide 2.1 billion dollars out of 3.4 billion dollar funds to support Pakistan's reform and development programs during the current fiscal year.
Approval of the bailout package shows the trust of IMF in the leadership of Pakistan, Hafeez Shaikh said
Asad Umar apprised the President Asian Development Bank of the current macro-economic situation in the country.
ISLAMABAD: A delegation of Asian Development Bank (ADB) on Monday held a meeting with Benazir Income Support Program (BISP) team, ARY News reported. According to a statement released by BISP, the ADB delegation Ms. Xiaohong Yang, the country director for Pakistan Resident Mission, discussed the output of different projects based on the prescribed performance indicators and ADB’s portfolio review. While briefing on the status of Cash transfer, it was shared that at present ADB supports 847, 349 BISP beneficiaries which…
ISLAMABAD: Vice President (Operations), Asian Development Bank (ADB) Wencai Zhang has offered the ADB support to the Education Ministry in technical and skill development fields and also in the formulation of national education policy. "Pakistan should take benefit from the expertise of the ADB, which can provide technical support during the formulation and implementation of the national education policy,” he said in a meeting with Federal Minister for Education and Professional Training Shafqat Mahmood in Islamabad.…