ADB : AsiaNet-Pakistan

Tag: ADB

ADB, Education Above All Foundation Agree to Work Together for Quality Primary Education for Out-of-School Children

July 9, 2020 | General, Official News

Islamabad, July 09, 2020 (PPI-OT): The Asian Development Bank (ADB) and the Qatar-based Education Above All (EAA) Foundation have signed an agreement to carry out $100 million in joint projects to put out-of-school and at-risk children into quality primary education….

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

May 19, 2020 | General, Official News

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…

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ADB President, Pakistan Minister of Economic Affairs Discuss Scaling Up Support to Combat COVID-19

April 24, 2020 | General, Official News

Islamabad, April 24, 2020 (PPI-OT): Asian Development Bank (ADB) President Masatsugu Asakawa and Pakistan’s Federal Minister for Economic Affairs and ADB Governor Makhdoom Khusro Bukhtiar today discussed how ADB can scale up its support for the government’s response to the…

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Asian Development Bank’s $8.32 Million Financing to Help Prepare Water Resources Management Projects in Punjab

April 16, 2020 | General, Official News

Islamabad, April 16, 2020 (PPI-OT): The Asian Development Bank (ADB) signed an agreement today to provide $8.32 million in financing to the Government of Pakistan to enable vital preparatory work ahead of a series of major projects to enhance water…

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Pakistan’s Economic Growth Faces Headwinds in 2020, Recovery in 2021

April 3, 2020 | General, Official News

Islamabad, April 03, 2020 (PPI-OT): Economic growth in Pakistan is expected to slow to 2.6% this year due to ongoing stabilization efforts, slower growth in agriculture and the impact of the COVID-19 outbreak, before recovering to 3.2% in 2021 according…

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Asian Development Bank approves $2 million grant for Pakistan’s fight against COVID-19

March 30, 2020 | General, Official News

Islamabad, March 30, 2020 (PPI-OT): The Asian Development Bank (ADB) today approved a further $2 million grant to support the Government of Pakistan’s efforts to combat the coronavirus (COVID-19) pandemic in the country.   The grant, financed from the Asia…

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Asian Development Bank approves $15 Million Loan for Urban Development Planning in Punjab

January 30, 2020 | General, Official News

Islamabad, January 30, 2020 (PPI-OT): The Asian Development Bank (ADB) has approved a $15 million loan that will help seven cities in Punjab province in Pakistan design comprehensive investment and public service delivery plans in preparation for upcoming urban development…

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Asian Development Bank, Norway Sign Agreement to Support Pakistan’s National Disaster Risk Management Fund

January 13, 2020 | General, Official News

Islamabad, January 13, 2020 (PPI-OT): The Asian Development Bank (ADB) and the Royal Norwegian Embassy in Pakistan signed an agreement today to expand support for the National Disaster Risk Management Fund (NDRMF), further strengthening financing for natural disaster risk reduction…

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Asian Development Bank, Norway Sign Agreement to Support Pakistan’s National Disaster Risk Management Fund

January 13, 2020 | General, Official News

Islamabad, January 13, 2020 (PPI-OT): The Asian Development Bank (ADB) and the Royal Norwegian Embassy in Pakistan signed an agreement today to expand support for the National Disaster Risk Management Fund (NDRMF), further strengthening financing for natural disaster risk reduction…

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Asian Development Bank approves $300 Million to Reform Pakistan’s Energy Sector

December 6, 2019 | General, Official News

Manila, December 06, 2019 (PPI-OT): The Asian Development Bank (ADB) today approved a $300 million policy-based loan that will help the Government of Pakistan to address financial sustainability, governance, and energy infrastructure policy constraints in Pakistan’s energy sector. The financing…

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Asian Development Bank approves $1 Billion in Emergency Budget Support to Pakistan

December 6, 2019 | General, Official News

Manila, December 06, 2019 (PPI-OT): The Asian Development Bank (ADB) today approved $1 billion in immediate budget support to Pakistan to shore up the country’s public finances and help strengthen a slowing economy. The quick dispersing Special Policy-Based Loan is…

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New Regional Energy Strategy Maps Path to Secure Energy Future for CAREC Region

November 14, 2019 | General, Official News

Tashkent, November 14, 2019 (PPI-OT): Ministers from the 11 members of the Central Asia Regional Economic Cooperation (CAREC) Program have endorsed a new long-term strategy to improve energy security, increase investment, and improve the sustainability of energy systems in the…

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