Islamabad, October 07, 2019 (PPI-OT): The Asian Development Bank (ADB) has approved a $200 million loan as additional financing to help support the Government of Pakistan’s flagship social protection program, the Benazir Income Support Program (BISP), which supports more than...
Read More »Vice-President Shixin Chen Reaffirms ADB’s Strong Commitment to Pakistan’s Development
Islamabad, August 31, 2019 (PPI-OT): Asian Development Bank (ADB) Vice-President Mr. Shixin Chen met with the Prime Minister of Pakistan Mr. Imran Khan during his first official visit to the country on 29-30 August, during which he reaffirmed ADB’s support...
Read More »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...
Read More »SMTA and ADB host “Istanbul Roadshow” for Contractors
Islamabad, August 09, 2019 (PPI-OT): As the design phase of the Karachi Breeze Red Line nears completion, the Sindh Mass Transit Authority (SMTA) along with the Asian Development Bank (ADB) and the consultants team led by Integrated Transport Planning (ITP),...
Read More »$500 Million Loan to Pakistan to Boost Trade, Address Deficit, and Support Economic Reforms
Islamabad, August 08, 2019 (PPI-OT): The Asian Development Bank (ADB) has approved a $500 million policy-based loan to support the Government of Pakistan’s reforms to improve trade competitiveness and exports as a defense against external shocks and to help finance...
Read More »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...
Read More »Asian Development Bank supported Bus Rapid Transit System to improve transport in Karachi
Islamabad, July 05, 2019 (PPI-OT): The Asian Development Bank (ADB) has approved a $235 million loan to help develop a bus rapid transit (BRT) system with innovative energy and climate resilience features that will enhance access to quality public transport...
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