ADB

Asian Development Bank (ADB) is a regional development covering Asia and Pacific region with headquarters located in Philippines. The Motto of ADB is to fight poverty in Asia and Pacific region with the purpose of social and economic development in the region.

The bank is designed on the exact model of World Bank model, working systems, voting, capital systems and etc. all are modeled on World Bank’s module.  Asian development bank has been granted the united national legal observer status.

Countries outside from Asia region are also the member of ADB. The bank provides two types of loans soft and hard loans, where hard loans are given to the middle income countries and soft loans are given to poor countries. Asian development bank also provides loans to the private sector.

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… Read More

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… Read More

ADB announces funding plan to combat climate change

ISLAMABAD: The Asian Development Bank (ADB) has announced a new program for Climate Change Financing,… Read More

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… Read More

Pakistan signs $772mn flood loan deal with ADB

ISLAMABAD: Pakistan has signed a $772 million loan agreement for flood relief with the Asian… Read More

Pakistan second most expensive country in South Asia: report

The Asian Development Bank (ADB) has declared Pakistan as the second most expensive country in… Read More

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… Read More

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… Read More

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… Read More

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… Read More

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… Read More

World Bank to provide $2bn for Pakistan flood relief

ISLAMABAD: World Bank Saturday announced the allocation of $2 billion in funds from existing projects… Read More

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… Read More

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… Read More

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… Read More

‘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… Read More

ADB to assist flood-hit Pakistan with relief package

ISLAMABAD: The Asian Development Bank (ADB) preparing a flood relief package to assist Pakistan, stricken… Read More

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… Read More

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… Read More

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… Read More