Tag Archives: ADB

Asian Development Bank $300 Million Loan to Help Mitigate COVID-19 Impacts in Pakistan

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 …

ADB, Kashf Foundation Partner to Expand Women’s Access to Credit in Pakistan

Islamabad, August 16, 2019 (PPI-OT): The Asian Development Bank (ADB) has approved a $25 million syndicated loan to support the lending operations of Kashf Foundation, one of Pakistan’s leading microfinance service providers, to low-income households and women-led micro, small, and …

ADB, Pakistan Discuss New Partnership Strategy to Drive Economic Growth

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 …

Asian Development Bank provides $107 million for Water Management in Balochistan

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 …

Asian Development Bank Affirms Support for Pakistan’s Development Agenda

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 …

Pakistan Launches Expressway as Part of ADB, DFID-Supported Economic Corridors Program

Islamabad, December 27, 2017 (PPI-OT):The Prime Minister of Pakistan Shahid Khaqan Abbassi today inaugurated the Hasan Abdal-Havelian Expressway (E-35), which was constructed with the support of the Asian Development Bank (ADB) and the United Kingdom Department for International Development (DFID). …