Islamabad, September 16, 2020 (PPI-OT): Pakistan is projected to experience a broad economic recovery in fiscal year (FY) 2021 (which ends 30 June 2021) as the economic sentiment improves with the expected subsiding of the coronavirus disease (COVID-19) pandemic and...
Islamabad, August 05, 2020 (PPI-OT): The Asian Development Bank (ADB) committed US $9.3 billion in financial resources in the last six months since early February when it (ADB) started its initial response to support its developing member countries and the...
Islamabad, July 09, 2020 (PPI-OT): The Asian Development Bank (ADB) and the Qatar-based Education Above All (EAA) Foundation have signed an agreement to carry out $100 million in joint projects to put out-of-school and at-risk children into quality primary education....
Manila, May 19, 2020 (PPI-OT): The Asian Development Bank (ADB) has approved a $300 million emergency assistance loan to strengthen Pakistan’s public health response to the novel coronavirus disease (COVID-19) pandemic and help meet the basic needs of vulnerable and...
Islamabad, April 24, 2020 (PPI-OT): Asian Development Bank (ADB) President Masatsugu Asakawa and Pakistan’s Federal Minister for Economic Affairs and ADB Governor Makhdoom Khusro Bukhtiar today discussed how ADB can scale up its support for the government’s response to the...
Islamabad, April 16, 2020 (PPI-OT): The Asian Development Bank (ADB) signed an agreement today to provide $8.32 million in financing to the Government of Pakistan to enable vital preparatory work ahead of a series of major projects to enhance water...
Islamabad, April 03, 2020 (PPI-OT): Economic growth in Pakistan is expected to slow to 2.6% this year due to ongoing stabilization efforts, slower growth in agriculture and the impact of the COVID-19 outbreak, before recovering to 3.2% in 2021 according...