Tag: Asian Development Bank (ADB)

ISLAMABAD: Prime Minister Imran Khan received on Thursday a telephone call from President of the Asian Development Bank (ADB) Masatsugu Asakawa. During the telephonic exchange,...

Says the government’s ongoing efforts to ensure stability have started showing encouraging results this fiscal year

Under the agreed US$305 million, the ADB would provide $200 million for safeguarding the poor and low segments of the society.

The World Bank has announced a grant of US$ 238 million while the Asian Development Bank (ADB) would provide US$350 million to tackle the spread of coronavirus.

Pakistani rupee is nearing to its exact value and the devaluation in currency will help increasing the exports, ADB report said.

Pakistan’s outlook is for a sharp drop in growth as growth rate in the country remained at 3.3 percent in the past fiscal year, which is the minimum in past eight years, bank said.

“The expansionary fiscal policy markedly widened the budget and current account deficits and drained foreign exchange,” the report observed.

The ADB delegation led by its Director-General Werner E Leipach discussed the ongoing and upcoming projects of the bank with the prime minister's adviser.

ISLAMABAD: Asian Development Bank (ADB) has signed a loan agreement with Pakistan for improvement of the power transmission system in the country, ARY News...

ISLAMABAD: China has articulated their interest in joining TAPI gas pipeline project, it is a multiple countries linking project with its financial close of...

WASHINGTON: Finance Minister Muhammad Ishaq Dar in a pre-budget discourse apprised media here that salaried class and common man would get maximum relief in...

ISLAMABAD: The Asian Development Bank (ADB) hopes to overcome by 2020 the challenges of building a $10-billion gas pipeline through Afghanistan's most violent areas, by making sure it benefits Afghan contractors and communities, a bank official said.