Thursday, June 30, 2022
Tags Asian Development Bank

Tag: Asian Development Bank

ADB links IMF certificate of ‘good health’ to additional $2.5bn loan

The Asian Development Bank (ADB) on Thursday indicated providing $2.5 billion in additional loans to Pakistan, including $1.5 billion before end of year, but...

Asian Bank pledged $22.8bn in 2021 to fight coronavirus pandemic

The Asian Development Bank (ADB) committed $22.8 billion from its own resources in 2021 to help Asia and the Pacific tackle the immediate effects...

Asian Development Bank sees decline in Pakistan’s economic growth

Following a remarkable economic rebound in the previous fiscal year 2020-21, the Asian Development Bank (ADB) projected Pakistan’s economic growth to slow down to...

ADB points out Pakistan has lowest trade-to-GDP ratios in world

Pakistan has one of the lowest trade-to-GDP ratios in the world showing at just 30 per cent. However, it is not all doom and...

Pakistan, Asian Bank sign six agreements worth $1.5bn

Pakistan and the Asian Development Bank (ADB) on Wednesday signed six agreements amounting to $1.543 billion to finance projects related to the energy sector,...

Ehsaas Program seeks $600M boost from ADB

The government has asked $600 million from the Asian Development Bank (ADB) to fulfill its vision of social protection and poverty reduction through the...

Govt reluctance to impose new taxes, raise power tariff delays IMF, WB loans

Pakistan will get only $800 million in budget support loans as two global institutions have postponed approval of another $1 billion due to delay...

ADB predicts two percent growth rate for next fiscal year

ISLAMABAD: Pakistan’s economic growth is expected to rebound this year before gaining pace in 2022 as business activity gradually resumes after the coronavirus disease...

ADB approves $300m for 300MW hydropower plant near Balakot

The Asian Development Bank (ADB) announced on Tuesday that it will give Pakistan a $300 million loan to finance the construction of a 300-megawatt...

Pakistan and ADB reiterate to expand economic portfolio

ISLAMABAD: Federal Minister for Economic Affairs Makhdum Khusro Bakhtyar held a virtual meeting with Mr Yevgeniy Zhukov, new Director-General, the Central and West Asia...

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