MANILA, July 16, 2024 — The Asian Development Bank (ADB) announced on Tuesday the approval of a concessional loan of $100 million aimed at enhancing perinatal health services for pregnant women and their newborns in Uzbekistan.
The Asian Development Bank (ADB) has greenlit a loan of $148.5 million aimed at bolstering the electric distribution system and improving the resilience of the electricity supply in Sikkim, India.
State Bank of Pakistan (SBP) on Wednesday night said it received $1.5 billion from Asian Development Bank (ADB) as disbursement of policy based loan for Pakistan. In a Tweet on Wednesday late night, the central bank said that it had received $1.5 billion from the ADB in value October 26, 2022 as disbursement of policy […]
Asian Development Bank (ADB) has approved $1.5 billion in financing to help Pakistan provide social protection, promote food security, and support employment for its people amid devastating floods and global supply chain disruptions. In a statement issued on Friday, the ADB said the loan, provided under ADB’s Building Resilience with Active Countercyclical Expenditures (BRACE) Program, […]
ISLAMABAD: The Asian Development Bank (ADB) has approved $235 million to Pakistan on Thursday to enhance national highway in country. A statement issued by ADB stated that the project will focus on expansion of 222-kilometer Shikarpur-Rajanpur section of National Highway into four lane carriageway from a two lane road. The expansion is part of the […]
MANILA, PHILIPPINES: The Asian Development Bank (ADB) has approved a $300 million loan to finance the construction of a 300-megawatt hydropower plant that will increase the share of clean energy in Pakistan and improve the country’s energy security, a statement said on Tuesday. The plant will add 1,143 gigawatt-hours of clean energy annually to the […]
The Asian Development Bank (ADB) has granted approval for a $300 million policy-based loan aimed at fortifying Pakistan’s finance sector.
KARACHI: State Bank of Pakistan (SBP) has said that it received $1.3 billion from Asian Development Bank (ADB) on Monday night. In a tweet message, the central bank confirmed the transfer of $1.3 billion from the ADB. Earlier in the day Minister for Economic Affairs, Muhammad Hammad Azhar witnessed the signing of two loans programme […]
MANILA, PHILIPPINES: The Asian Development Bank (ADB) on Friday approved $1 billion in immediate budget support to Pakistan to shore up the country’s public finances and help strengthen a slowing economy, a statement said.
KARACHI: The Securities and Exchange Commission of Pakistan (SECP) and Asian Development Bank (ADB) jointly organized a workshop for stakeholder consultations on Financial Market Development 2020-2025, a statement said on Thursday. The long term roadmap will be focusing on demand and supply measures to broaden and deepen the financial system in Pakistan. Senior level representatives […]