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...
Read More »Asian Development Bank approves $300 Million to Reform Pakistan’s Energy Sector
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...
Read More »Asian Development Bank approves $1 Billion in Emergency Budget Support to Pakistan
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...
Read More »ADB President Confirms Support for Expanded Agenda of Central Asia Regional Economic Cooperation at 18th Ministerial Conference
Tashkent, November 14, 2019 (PPI-OT): Ministers and senior government officials from 11 countries in Central and West Asia gathered in Tashkent today for the 18th Central Asia Regional Economic Cooperation (CAREC) Ministerial Conference. The high-level strategy and policy body serves...
Read More »New Regional Transport Strategy to Drive Sustainable Development for CAREC Region
Tashkent, November 14, 2019 (PPI-OT): Ministers from the 11 members of the Central Asia Regional Economic Cooperation (CAREC) Program have endorsed a new strategy designed to improve multimodal transport infrastructure and operations in the region, resulting in greater social and...
Read More »New Regional Energy Strategy Maps Path to Secure Energy Future for CAREC Region
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...
Read More »Asian Development Bank Project to Enhance Secondary Education in Sindh, Pakistan
Islamabad, October 28, 2019 (PPI-OT): The Asian Development Bank (ADB) has approved a $75 million loan for a project that will help improve the quality, accessibility, and gender responsiveness of the secondary education system and infrastructure in the province of...
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