ADB

Pakistan and the Asian Development Bank signed a $700 million policy-based loan agreement aimed at strengthening the country’s financial sector and driving comprehensive reforms across its insurance industry.

PSX closed at an all-time high over deal for energy sector’s circular debt repayment, ADB loan approval and improving investor confidence.

Islamabad, June 3, 2025: The Asian Development Bank (ADB) has moved ahead with an $800 million support package for Pakistan, disregarding India’s protests. The ADB executive director for Pakistan Noor Ahmed …

The ECC also discussed and approved a proposal by the Finance Division for establishment of ‘Women Inclusive Finance Support Fund’ Trust.

Islamabad, May 29, 2025: The Asian Development Bank (ADB) has postponed an $800 million financial package for Pakistan by five days, following a formal request from India. Originally planned for discussion …

MANILA: Pakistan Needs to invest to enhance digitalization of economy, and need to widely incentivizing universal connectivity among rural and low-income households. It also needs to rolling out capacity building …

Islamabad: Pakistan’s Finance Minister, Muhammad Aurangzeb, highlighted the country’s improved macroeconomic outlook during his visit to Washington for the 2025 Spring Meetings of the International Monetary Fund (IMF) and the …

Islamabad: Pakistan is experiencing significant economic setbacks due to climate-related disasters, with the Asian Development Bank (ADB) estimating that the country faces average annual losses exceeding $2 billion. These recurring …

Islamabad: In the first nine months of the 2024-25 fiscal year, Pakistan has managed to secure $12.5 billion in foreign loans, falling short of the annual $19.2 billion target set …

Islamabad: Pakistan’s Finance Minister, Muhammad Aurangzeb, is set to engage in crucial talks in Washington next week, where he will address the rescheduling of $3.4 billion in Chinese debt, as well …