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Tag: ADB

Flood damages: ADB to help Pakistan build climate–resilient infrastructure

INCHEON, South Korea: The Asian Development Bank (ADB) has demonstrated a strong commitment to coming up with a comprehensive approach to help build the...

ADB advises Pakistan to provide targeted subsidies, enhance tax-to-GDP ratio

The Asian Development Bank (ADB) has suggested Pakistan to provide targeted subsidies to mitigate inflationary pressure on people and enhance tax to GDP ratio...

ADB announces funding plan to combat climate change

ISLAMABAD: The Asian Development Bank (ADB) has announced a new program for Climate Change Financing, which aims to provide new loans of up to...

Pakistan’s economic growth to remain lower in FY23, says ADB report

The Asian Development Bank (ADB) has estimated Pakistan's economic growth up to 2pc in the current ongoing FY2022-23, in the wake of last year’s...

Pakistan signs $772mn flood loan deal with ADB

ISLAMABAD: Pakistan has signed a $772 million loan agreement for flood relief with the Asian Development Bank (ADB), taking the total loan for the...

Pakistan second most expensive country in South Asia: report

The Asian Development Bank (ADB) has declared Pakistan as the second most expensive country in the South Asian region. In the supplement report titled ‘Asian...

ADB okays $554m loan for Pakistan to support flood-relief efforts

The Asian Development Bank (ADB) approved $554 million in financing to help Pakistan provide social protection, promote food security, and support employment for its...

Punjab cabinet slams Centre for not signing Thal Canal agreement

The Punjab cabinet recorded a protest against the federal government for not signing the Greater Thal Canal (GTC) agreement with the Asian Development Bank...

AIIB approves $500m as co-financing of ADP program for Pakistan

Asian Infrastructure Investment Bank (AIIB) on Wednesday approved 500 million dollars as co-financing of an Asian Development Bank (ADB) program for Pakistan, ARY News...

ADB transfers $1.5 billion loan to Pakistan: SBP sources

KARACHI: Asian Development Bank (ADB) on Wednesday transferred $1.5 billion loan to Pakistan, quoting central bank sources ARY News reported. ADB on Monday signed an...

ADB okays $1.5 billion for Pakistan to support flood relief efforts

MANILA: The Asian Development Bank (ADB) approved $1.5 billion in financing to help Pakistan provide social protection, promote food security, and support employment for...

World Bank to provide $2bn for Pakistan flood relief

ISLAMABAD: World Bank Saturday announced the allocation of $2 billion in funds from existing projects for emergency operations in flood-affected areas to support Pakistan....

ADB okays $2.5bn to support flood relief efforts in Pakistan

The Asian Development Bank (ADB) on Wednesday announced providing $ 2.3 to 2.5 billion to Pakistan for flood relief efforts, ARY News reported. According to...

ADB plans $14bn to address food crisis in Asia, Pacific

ISLAMABAD: The Asian Development Bank (ADB) Tuesday announced plans to provide at least $14 billion over 2022–2025 in a comprehensive program of support to...

ADB okays $100 million loan for KP’s secondary healthcare

ISLAMABAD: The Asian Development Bank (ADB) has approved a $100 million results-based loan to help strengthen the quality of secondary health care in Khyber...

‘Pakistan’s economy to slow down in FY23 after climate catastrophe’

ISLAMABAD: The Asian Development Bank (ADB) has forecasted that Pakistan’s economy was expected to slow down in the current fiscal year (FY) 2023 to...

ADB to assist flood-hit Pakistan with relief package

ISLAMABAD: The Asian Development Bank (ADB) preparing a flood relief package to assist Pakistan, stricken by devastating floods, ARY News reported on Tuesday. The ADB...

Floods, earthquakes: ADB puts Pakistan among high-risk countries

ISLAMABAD: The Asian Development Bank (ADB) has placed Pakistan among high-risk countries which will be affected from natural calamities, highlighting that the every year...

ADB announces $3 million aid for Pakistan’s flood victims

The Asian Development Bank (ADB) Wednesday approved a $3 million grant to support Pakistan’s emergency relief efforts amid widespread floods across the country. The death...

Global forums announce over $500m aid for flood relief programs

International organizations have announced to provide Pakistan with an aid of over $500 million for relief and rescue program amid devastating floods in the...
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