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Business & Economy Published 21 Aug, 2024 10:16am

ADB: Up to 70% of population in Pakistan fails to pay electricity bills

The report stated that only privatized K-Electric company was financially sustainable in Pakistan

Pakistan Published 14 Aug, 2024 12:47pm

Govt okays Rs515bn development projects

The $900 million loan from ADB is intended to trigger climate change-related reforms

Business & Economy Published 05 Jun, 2024 05:02pm

ADB approves $250 million loan dor Pakistan

Loan is aimed at driving sustainable investments in infrastructure

▶️ Pakistan Updated 11 Apr, 2024 05:53pm

Pakistan’s economic outlook uncertain, says ADB

Real GDP is projected to grow by 1.9% in FY2024, says Manila-based lending agency

Business & Economy Updated 28 Nov, 2023 11:37am

ADB approves $180 million loan for Pakistan

Money will be used for projects in Rawalpindi and Bahawalpur

Business & Economy Updated 18 Nov, 2023 01:55am

ADB approves $250m for power transmission network

Says its Power Transmission Strengthening Project will help reinforce stability of national grid

Business & Economy Published 20 Sep, 2023 02:52pm

Tough year ahead, but elections could boost confidence, ADB says

ADB adds that GDP growth will be 1.9%

Business & Economy Published 12 Dec, 2022 03:01pm

ADB green lights $554m package for flood relief efforts in Pakistan

Financing includes $5 million grant from Japan

Business & Economy Updated 21 Oct, 2022 04:24pm

Pakistan to get $1.5b financing from Asian Development Bank

Assistance to promote social protection, food security

Business & Economy Published 22 Sep, 2022 07:43pm

ADB approves $100mn results-based loan for KP health sector

It will benefit an estimated 38 million people, including women in need of maternal health care services, says health specialist

Business & Economy Published 21 Sep, 2022 01:41pm

Pakistan’s economy to slow to 3.5% in 2023, says Asian Development Bank

'The recent devastating floods in Pakistan add profound risk to the country’s economic outlook,' says ADB Country Director for Pakistan Yong Ye

Pakistan Published 20 Sep, 2022 12:20pm

Asian Development Bank to provide ‘significant package’ to flood-hit Pakistan

Yevgeniy Zhukov says scale and impact of ‘floods is shocking’

Business & Economy Published 06 Apr, 2022 03:16pm

Pakistan's growth rate to slow down to 4% in FY22: ADB

Report highlights economy will bear brunt of high oil prices due to the ongoing Russia-Ukraine conflict

Pakistan Published 29 Mar, 2022 09:52am

Pakistan, ADB sign worth $300m agreement to boost capital market

At present, 37 ADB-funded projects amounting to $7.9b are under implementation

Pakistan Published 28 Mar, 2022 09:32am

ECNEC approves Greater Thal Canal project phase-II

Brushing aside Sindh reservations, ECNEC decides to construct Phase-II via a loan secured by Punjab from ADB

Pakistan Published 20 Mar, 2022 10:37am

ADB’s $8.7b financial assistance ‘in the offing’

Sources say government expecting $400m from the bank in the next three months

Business Published 22 Jan, 2022 10:16am

Covid-19 affected income of 80% Pakistani households: ADB

The bank issues latest report titled "Impact of Covid-19 on households in CAREC countries"

Business Published 01 Jan, 2022 10:29am

Over $2.3bn committed in 2021: ADB, Pakistan achieve historic level of cooperation

The bank will continue its support for the country in pandemic, said ADB country director for Pakistan

Business Updated 15 Dec, 2021 03:10pm

ADB forecasts higher inflation

The Asian Development Bank (ADB) forecast higher inflation projection for Pakistan, while...

Business Published 08 Dec, 2021 02:30pm

ADB approves $603mn loan to support Pakistan's Ehsaas program

The Asian Development Bank (ADB) has approved a $603 million results-based lending program to strengthen and expand...

Published 30 Mar, 2021 09:35pm

ADB approves $300 mln for hydropower plant to boost clean energy in Pakistan

The plant will add 1,143 gigawatt-hours of clean energy annually to the country’s...