ADB revises Pakistan’s economic outlook for FY25 upwards to 3pc
The Asian Development Bank (ADB) on Wednesday revised its forecast for Pakistan’s economic growth in the fiscal year 2025 (FY25) slightly upwards, projecting it at 3 per cent. In an…
ADB approves $330mn financing to bolster Pakistan’s social protection programmes
The Asian Development Bank (ADB) on Wednesday approved an additional $330 million in financing to strengthen Pakistan’s federally administered social protection programmes under the ongoing Integrated Social Protection Development Program…
ADB’s $500m loan lifts reserves
Rupee stays range-bound, gold dips amid renewed investor confidence Pakistan’s foreign exchange reserves received a $500 million boost from the Asian Development Bank (ADB) under its Climate Change and Disaster…
ADB to okay $200m loan for power distribution project in Pakistan
The project will focus on upgrading transformers, power lines, and other infrastructure The Asian Development Bank (ADB) is expected to approve a $200 million loan this year for Pakistan’s Power…
Pakistan: ADB approves $320m to rehabilitate KP roads, improve climate resilience
The Asian Development Bank (ADB) on Friday approved a $320 million loan to support the rehabilitation of roads in Khyber Pakhtunkhwa and enhance their safety. A press release issued by…
ADB Completes Pre-Feasibility Study for Modern Bus Terminal in Islamabad
The Asian Development Bank (ADB) has completed a pre-feasibility study for constructing a modern bus terminal in Islamabad to improve the public transport system. The completion of the pre-feasibility was…