Islamabad, August 08, 2019 (PPI-OT): The Asian Development Bank (ADB) has approved a $500 million policy-based loan to support the Government of Pakistan’s reforms to improve trade competitiveness and exports as a defense against external shocks and to help finance...
Islamabad, July 08, 2019 (PPI-OT): The Asian Development Bank (ADB) and the Government of Pakistan today held a series of country consultations to formulate a new Country Partnership Strategy (CPS), which will guide ADB’s engagement in the country from 2020...
Islamabad, July 05, 2019 (PPI-OT): The Asian Development Bank (ADB) has approved a $235 million loan to help develop a bus rapid transit (BRT) system with innovative energy and climate resilience features that will enhance access to quality public transport...
Manila, March 19, 2019 (PPI-OT): The Asian Development Bank (ADB) has approved $9 million in project readiness financing (PRF) to support the preparation and design of urban sector projects in Khyber Pakhtunkhwa (KPK), which will support the Government of Pakistan...
Manila, February 13, 2019 (PPI-OT): The Asian Development Bank’s (ADB) support to Pakistan’s energy sector has produced positive results from investment programs supporting three key areas: conventional generation, power transmission, and, to a lesser extent, electricity distribution, according to a...
Islamabad, January 07, 2019 (PPI-OT): The Asian Development Bank (ADB) and the provincial government of Balochistan signed on Saturday the project agreement of a $107 million loan and grants to improve irrigation infrastructure and water resource management in Balochistan, Pakistan’s...
Islamabad, October 06, 2018 (PPI-OT): Asian Development Bank (ADB) Vice-President Mr. Wencai Zhang affirmed ADB’s support for the Government of Pakistan’s new development and reform agenda during his 2-day visit to the country from 4 to 5 October. Mr. Zhang...