asian development bank

Package includes $300m policy-based loans, $500m program-based guarantee

The funds will support the Sindh Emergency Housing Project for flood rehabilitation, says statement

Challenges are compounded by the ongoing economic strain and the need for continued reform

Officials say ADB providing financial assistance for crucial schemes

ADB predicts moderate growth, high inflation in fiscal year 2024, cautions against political instability

Bank president announces innovative climate finance facility

Funds aim to support recovery and reconstruction efforts as well as strengthen country's climate resilience

Urban development to improve quality of life, help boost competitiveness

Loan will help provide social protection, promote food security, support employment

Programme will support govt’s efforts to implement high priorities from its Ehsaas Programme

Sindh CM thanks PM Imran for visit; suggests compensation for families; seeks Rs43b for irrigation system

Extreme Commerce connects Pakistanis with international e-commerce hubs such as Amazon

It took loans of only Rs205b in July due to surge in foreign financing

Rupee-linked bond issue will be equivalent to $200m with minimum 2-year maturity

Increase in number of members and reduced income burden households

Developing Asia has experienced many crises and disasters and has always bounced back

102MW project producing cheap electricity for grid

Inflow supports rupee that appreciates to 167.36 against dollar

Squabbling among the ministries affects utilisation of funds

Locusts Emergency and Food Security Project to be submitted in upcoming CDWP meeting

Bank signs deals with Pakistan for strengthening public health response

$100m will be used for PPE procurement, $200m to assist poor

Fresh borrowing to be made for activities like garbage collection, pension, fiscal reforms

ADB report updates assessment of potential Covid-19 impact

Financing will help design urban development projects in Punjab

Manila-based lender working on immediate and flexible financing to help Islamabad combat Covid-19

Financing aimed at enhancing water availability in Punjab

Cites low demand, stagnation in cotton output as reasons behind low growth

Payments to creditors in last quarter are likely to further stretch official foreign currency reserves

Capital value tax abolished to support Pakistan Stock Exchange as market continues to plunge

However, cumbersome procedures for public procurements need to be waived

Consumers will be able to view their electric load, voltage and bill any time

Move comes due to spike in interest rates, refinancing risks of external debt

Let us hope the government is not open to tolerating inflation running above target.

Loan will fund business plans for projects in 7 cities

Pakistan will also have to improve the system to achieve high female engagement in economic activities

Islamabad also joins hands with Beijing, must ensure transfer of technology

Amendments aimed at passing on cost of inefficient governance to consumers, timely notification of tariff increase

Something needs to be done about imports, a good starting point would be to review subsidies given to power producers

ADB research paper says country needs to fix existing structural economic issues

Later, it is feared to return to depreciation phase in Q4

ADB considering loan for setting up modern wholesale market

Released $300m this week for reforms including cut in circular debt

Manila-based agency says signs of economic stabilisation are emerging

Under crisis response facility, ADB approves loan to support Pakistan pay off debt

Hammad Azhar says it will provide fiscal space for implementing its reforms agenda

Bank’s estimate counters govt’s claim of reducing circular debt to Rs12b a month

Advocate general says appeal likely to be filed next week

Budgetary support loan, crisis response facility to shore up foreign exchange reserves

Thousands of villages in the province still yearn for electrification as the country enters a new decade