ADB approves $500 million release to support reform agenda

Govt taking steps for reviving economic zones: Hammad Azhar
File Photo

ISLAMABAD, Aug 7 (APP):The Asian Development Bank (ADB) Wednesday approved release of US $500 million to support the incumbent government’s reform agenda for improving trade competitiveness to enhance exports.

Proceeds of this facility will boost foreign exchange built up and give much needed budgetary support to government of Pakistan, Federal Minister for Economic Affairs Division Hammad Azhar tweeted.