ADB okays additional $48m financing for water project in Balochistan
The Asian Development Bank (ADB) has approved an additional $48 million loan for the Balochistan Water Resources Development Sector Project ...
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Against forecasts of ADB and IMF: Study suggests ‘DFM framework’ for real-time GDP tracking
ISLAMABAD: A new econometric study has proposed a dynamic factor model (DFM) framework, claiming that it provides more accurate real-time ...
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ADB to back Pak rail upgrade as China financing stalls
ISLAMABAD: The Asian Development Bank will fund upgrades to part of Pakistan’s creaking railway system, replacing China, after prolonged delays ...
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ADB approves $410mn financing package for Pakistan’s Reko Diq
The Asian Development Bank (ADB) approved a $410 million financing package to help develop Pakistan’s Reko Diq copper mine, one ...
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ADB to provide $410 million package for Barrick-run Pakistan mine, sources say
ISLAMABAD: The Asian Development Bank (ADB) will provide a $410 million financing package to help develop Pakistan’s Reko Diq copper ...
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ADB finances $500mn for women’s financial inclusion, economic empowerment in Pakistan
The State Bank of Pakistan (SBP) officially joined the global initiative of Women Entrepreneurs Finance Code (WE Finance Code) in ...
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Pakistan secures $1 billion financing facility with ADB-backed guarantee
Pakistan’s Ministry of Finance has signed a syndicated term finance facility of $1 billion partially guaranteed by a Policy Based ...
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Pakistan signs $1bn 5-year multi-tranche facility with ADB
Pakistan on Wednesday signed $1 billion financing for a five-year multi-tranche facility with the Asian Development Bank (ADB). “The Ministry ...
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ADB to scale up food security support to $40bn by 2030
Asian Development Bank (ADB) announced on Sunday that it will expand its financial commitment to food and nutrition security in ...
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ADB projects Pakistan’s GDP growth at 2.5%, inflation at 6%
Pakistan’s growth is projected to remain steady at 2.5% in fiscal year 2025 and improve to 3% in fiscal year ...
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