Secretary Ministry of Economic Affairs Dr Kazim Niaz and Country Director ADB Yong Ye signed the loan program. Kazim Niaz thanked the ADB for its continued support of Pakistan’s critical development needs and rehabilitation efforts in a post-flood context. According to the ADB official ‘X’ handle, the agreement aimed at assisting Pakistan drive sustainable investment […]
ADB’s Promoting Sustainable Public–Private Partnerships Program supports the implementation of government policies to create an enabling environment for fiscally affordable PPPs and promote inclusive economic growth, according to a press release received here. This program is part of our comprehensive and integrated package of public sector management support that balances the country’s fiscal consolidation and […]
The commitment was made during ADB’s 57th annual meeting held in Tbilisi, Georgia, said a press release on Friday. The ADF is ADB’s largest source of grants for operations in its poorest and most vulnerable developing member countries and is replenished every four years. ADF 14 marks the 13th replenishment since the fund’s establishment will […]
The Asian Development Bank (ADB) has approved a 300 million USD loan to Pakistan. This amount would be used to finance the construction of a 300-megawatt hydropower plant. That will boost clean energy in Pakistan and improve its energy security. The hydropower plant will add 1,143 gigawatt-hours of clean energy annually to Pakistan’s energy mix. Additionally, […]
