asian development bank

ADB, Pakistan fail to implement upgrade meant to improve bill recovery, flow of electricity

Worth $3.4 billion, the projects are either declared problematic or put on watch list

Secretary says people should benefit from projects irrespective of gender

Earlier, SBP received $350 million under CSF

Renewable energy projects in Thailand, Cambodia, Indonesia and Myanmar

Lending agency will give around $2b per annum; final disbursement will depend on projects’ readiness

Two loans, each amounting to $300 million, set for approval in next 10 days

PHLCEP is among showcase projects for gender mainstreaming

Assures deputy premier firms already working in Pakistan are enjoying tremendous beneficial run

K-P’s energy development body sitting on summary for two months

Move expected to improve coordination in wake of regional strategic projects

Emphasises that 100% collection will help address energy woes

Policy would boost the country’s economic outlook by positioning Pakistan as a regional hub for trade and business

Will supply compressors against a loan, more funds will be raised in road shows

Fresh borrowing will be used to provide electricity to rural areas in the two provinces

Manila-based lender hopes to address Pakistan’s persistent energy crisis

Asian Development Bank is set to teach the Pakistani government a lesson by refusing funds for the Diamer-Bhasha Dam

ADB president stresses on governance issues, need to address corruption

The ADB country director also expressed willingness to provide support for the auditor general’s department

ADB vice president says CPEC, special economic zones need huge finances that it can complement

I am proud to see Pakistan and ADB’s bond is stronger than ever as we cooperate to fight poverty & boost prosperity

Asian Development Bank is set to give its approval to a $300-million loan aimed at reforming public-sector enterprises

Restructuring public sector enterprises would be programme’s focus, instead of privatisation

The flagship governors’ seminar will examine the factors causing the current global growth slowdown

To be used for highways, bridges damaged in floods

One of every four ongoing projects it is financing in Pakistan has been facing hitches in implementation

Punjab has wasted $409 million reforms loan, according to ADB

Burdened with debt and driven to the doors of donors, Pakistan has not looked towards its own public to raise revenue

Funds will support improvements to highways and provincial roads, as well as bus rapid transit schemes in Karachi

Will evaluate whether country has fulfilled certain conditions in letter and spirit.