Pakistan: Govt seeks $1b ADB climate loan
CDWP defers $40m World Bank project over exorbitant rates for furniture, laptops The government has decided to take a $1 billion budget support loan for making policies to deal with…
ADB says ready to support new initiatives in Pakistan
The Asian Development Bank (ADB) has expressed interest in supporting new initiatives in Pakistan, including digitisation, integrated planning, data governance, privatization, and institutional reforms in the power sector. This was…
ADB to provide $10bn in financing to Pakistan under new 5-year strategy
The Asian Development Bank (ADB) is expected to extend about $10 billion in financing to Pakistan over the next five years under its 2026-30 Country Partnership Strategy (CPS2026-30) launched on…
Pakistan: ADB grants final extension for $360m CAREC project amid NHA delays
The Asian Development Bank has granted a final one-month extension for the $360m CAREC project, urging the NHA to complete contract awards within the new deadline or risk non-compliance. The…
Pakistan inks climate resilience initiatives with Asian Development Bank
Pakistan and the Asian Development Bank (ADB) on Tuesday signed two major climate resilience initiatives—one focused on Sindh and the other on Punjab—according to a statement issued by the Economic…
Asian Development Bank plans to inject $10bn in building a digitally connected, resilient region
The Asian Development Bank (ADB) has announced plans to invest over $10 billion by 2030 to support projects under the Central Asia Regional Economic Cooperation (CAREC) programme, aiming to build…