ADB
Pakistan, ADB Sign Three Major Agreements to Boost Transport and Water Infrastructure
Pakistan has formalised three key agreements with the Asian Development Bank (ADB) to accelerate major infrastructure initiatives in the transport and water resource sectors. The Ministry of Economic Affairs confirmed the development on Friday, describing the financing as a strategic boost to Pakistan’s ongoing development agenda. The agreements outline support for preparing the ML-1 Karachi […]
FM Aurangzeb Calls for Urgent Action on Climate Change and Population Growth at Pakistan Population Summit
Finance Minister Muhammad Aurangzeb has underscored the urgent need for Pakistan to confront the dual challenges of climate change and rapid population growth, describing them as critical barriers to unlocking the nation’s full economic and developmental potential. Speaking at the Pakistan Population Summit in Islamabad, the minister highlighted that meaningful progress requires collective responsibility, strategic […]
ADB $20 MILLION LOAN TO INCREASE CREDIT ACCESS IN PAKISTAN
Islamabad – 22 May, 2017: The Asian Development Bank (ADB) has approved a USD 20 million loan to help Pakistan’s Khushhali Microfinance Bank (KMBL) to expand access to credit for agriculture-related borrowers and small businesses. “Agriculture and small business are critical sectors in Pakistan’s economy that play a significant role in job creation and poverty […]