ADB-backed border connectivity project and regional trade initiatives aim to strengthen Pakistan’s role in the CAREC economic corridor.
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Pakistan achieves 3.7 percent growth despite economic headwinds: ADB
Asian Development Bank cuts FY2027 growth forecast, warns of higher inflation from energy costs
ISLAMABAD: The Asian Development Bank (ADB) on Thursday said Pakistan’s economy grew 3.7% in fiscal year 2025-26 (FY2026), driven by strong expansion in the industrial and services sectors and modest growth in agriculture, while lowering its growth forecast for the current fiscal year due to rising energy costs and external uncertainties.
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ADB Greenlights $700 Million Loan for Pakistan Insurance Sector
Loan to Support Insurance Reforms and Financial Resilience
ISLAMABAD: The Asian Development Bank (ADB) has approved a US$700 million policy-based loan to support structural reforms in Pakistan’s insurance sector, aiming to broaden coverage, strengthen financial protection and deepen capital markets.
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ADB, Pakistan Ink $200M Loan Deal to Boost Electricity Distribution
Islamabad, December 31, 2024 – The Asian Development Bank (ADB) and the Government of Pakistan signed a $200 million loan agreement on Tuesday aimed at enhancing the country’s electricity distribution system.
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Pakistan Secures $200M ADB Loan for Electricity Improvements
The Asian Development Bank (ADB) has approved a $200 million loan to support Pakistan in modernizing its power distribution infrastructure and enhancing the capacity of distribution companies to provide reliable electricity.
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Pakistan Gets $500M ADB Loan for Climate Adaptation Program
Islamabad, November 19, 2024 – Pakistan and the Asian Development Bank (ADB) formalized a $500 million loan agreement on Tuesday under the Climate and Disaster Resilience Enhancement Program (CDREP), signaling a significant step toward addressing the country’s climate challenges and disaster vulnerabilities.
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ADB Okays $320 Million for Khyber Pakhtunkhwa Road Upgrade
Islamabad, September 13, 2024 – The Asian Development Bank (ADB) has approved a loan of $320 million to support the rehabilitation and development of roads in the province of Khyber Pakhtunkhwa (KP), Pakistan. This investment aims to improve safe, all-weather connectivity for rural areas, enhancing access to essential services such as education, healthcare, and markets.
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ADB Approves $148.5 Million to Enhance Indian Electricity System
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.
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ADB and FBR Discuss Tax Reforms Under DRM Initiative
Karachi, May 2, 2024 – A delegation from the Asian Development Bank (ADB) met with the leadership of the Federal Board of Revenue (FBR) on Thursday to discuss the progress of the Domestic Resource Mobilization Program (DRM).
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Three out of 5 Women Unbanked in Pakistan: ADB Report
Karachi, April 11, 2024 – A recent report by the Asian Development Bank (ADB) has highlighted a stark reality: three out of every five women in Pakistan are excluded from the banking system, representing one of the lowest financial inclusion rates for women globally.
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