US
Open choked financing pipelines, revitalise financial landscape
Says move will reduce public sector dominance, attract foreign investment, elevate insurance penetration
Comprises of $100m for reforms, $50m to enable lending, $5.5m to finance related activities
Marks unprecedented surge as KSE-100 rises 4,532 points, or 7.3% WoW
Officials say ADB providing financial assistance for crucial schemes
KSE-100 index surges 800.35 points, settles at 64,718.08
Funds allocated for resource mobilization, school rehabilitation, and agricultural productivity enhancement
The project expected to benefit as many as 1.5 million people
Planning ministry says project being implemented in 4RF framework
ADB predicts moderate growth, high inflation in fiscal year 2024, cautions against political instability