In a setback, ADB has refused to finance projects being executed in Pakistan under the banner of CPEC. The Asian… Read More
ADB to Lend $7.528 Billion to Pakistan for Development Projects
The Asian Development Bank (ADB) has decided to lend $7.528 billion to Pakistan in lieu of the development projects over… Read More
Construction of Mohmand Dam to Start in June Next Year
Chairman, Water and Power Development Authority (Wapda), Lt General (retd) Muzammil Hussain has said that Baza Dam was to be… Read More
Swiss Embassy and ADB Pledge to Support Pakistan’s Disaster Risk Management Fund
The Embassy of Switzerland in Pakistan and the Asian Development Bank (ADB) signed an agreement today to support the National… Read More
KPK to Produce Over 5000 MW in 10 Years with Help of ADB
ADB will assist Pakistan in producing over 5,000 Megawatts of clean energy by 2026.… Read More
ADB & Govt Sign a Deal to Improve Roads in KP
The Asian Development Bank (ADB) and the government of Pakistan, on Wednesday, signed a $140 million loan to improve the… Read More
Pakistan Received $5.9 Billion in Loans & Grants During the Past 6 Months
Pakistan government received a budget assistance of $5.895 billion from multilateral and bilateral donors in the first half (July-December) of… Read More
ADB Approves $380 Million for Projects in Punjab and Sindh
The Economic Affairs Division (EAD) and Asian Development Bank (ADB) have signed two loan agreements, for provision of $180 million… Read More
ADB Appreciates Pakistan’s Improved Credit Rating
Asian Development Bank (ADB) on Tuesday offered Pakistan its technical assistance to turn around loss-making public sector’s entities. Pakistan’s credit… Read More
ADB Approves $140 Million Loan to Improve Road Networks in KPK
The Asian Development Bank’s (ADB) Board of Directors has approved $140 million in loans to help improve provincial road networks,… Read More
Govt Puts ADB’s $990 Million Smart-Meter Project On Hold
Ministry of Power and the Planning Commission has cancelled the bidding process for installation of smart meters. Asian Development Bank… Read More
Pakistan Received $2.45 Billion in Loans & Grants During the Past 4 Months
Pakistan received a total of $2.452 billion in external aid during July-October 2017-18, revealed Economic Affairs Division (EAD). The government… Read More