Tag: ADB

ADB approves $180 mln for water supply improvement, solid waste management

ISLAMABAD, Nov 28 (APP): The Asian Development Bank (ADB) has approved a $180 million loan to improve water supply and solid waste management services in Rawalpindi and Bahawalpur cities of Punjab province. Expected to benefit as many as 1.5 million people, the Developing Resilient Environments and Advancing Municipal Services in Punjab Project will curtail excessive… Continue reading ADB approves $180 mln for water supply improvement, solid waste management

2nd Tripartite Portfolio Review Mission of Asian Development Bank held

ISLAMABAD, Sep 05 (APP):The 2nd Tripartite Portfolio Review Mission of the Asian Development Bank (ADB) was convened on Tuesday at the headquarters of the Benazir Income Support Programme (BISP) in Islamabad. The meeting, chaired by Secretary BISP, Mr. Amer Ali Ahmed, aimed to review ongoing projects, including the Social Protection Development Project (Additional Financing) and… Continue reading 2nd Tripartite Portfolio Review Mission of Asian Development Bank held

ADB advises Pakistan to provide targeted subsidies, enhance tax-to-GDP ratio

Incheon South Korea, May 07 (APP): The Asian Development Bank (ADB) has suggested Pakistan to provide targeted subsidies to mitigate inflationary pressure on people; bring about necessary structural reforms and enhance tax to GDP ratio to come out of existing uncertain economic situations and steer the economy towards a sustainable growth trajectory. In a joint… Continue reading ADB advises Pakistan to provide targeted subsidies, enhance tax-to-GDP ratio

Climate change likely to have severe impacts in CARE region, including Pakistan: ADB

INCHEON (SOUTH KOREA), May 05 (APP): Asian Development Bank’s Director General for Central and West Asia, Yevgeniy Zhukov said here on Friday that climate change was expected to have severe impacts in the CAREC region which includes Central Asia, Mongolia, Pakistan, China, and the South Caucasus. Addressing a press conference while launching a study here… Continue reading Climate change likely to have severe impacts in CARE region, including Pakistan: ADB

ADB President reaffirms ADB’s continued support for Pakistan

Incheon, South Korean, May 03 (APP): President Asian Development Bank (ADB), Masatsugu Asakawa here on Wednesday reaffirmed the bank’s continued support to Pakistan. The ADB President made this reaffirmation during a meeting with Pakistan delegation led by Secretary Economic Affairs Division (EAD), Dr Kazim Niaz. The meeting took place on the sidelines of the 56th… Continue reading ADB President reaffirms ADB’s continued support for Pakistan

ADB Board of Governors’ four-day annual moot starts on Tuesday

SEOUL, May 01 (APP): The Asian Development Bank (ADB), one of the top international financial lenders, is all set to hold the Board of Governors’ 56th annual meeting at South Korean city Incheon, bordering the capital of Seoul, from May 2 to 5. The theme for this year’s conference is “Rebounding Asia: Recover Reconnect, and… Continue reading ADB Board of Governors’ four-day annual moot starts on Tuesday

ADB renews resolve to work with Pakistan on economic challenges

ISLAMABAD, Feb 28 (APP): A delegation of Executive Directors of the Asian Development Bank (ADB) of Japan, China and South Korea called on Prime Minister Shehbaz Sharif here Tuesday and renewed ADB’s resolve to continue working closely with Pakistan in addressing its economic challenges. The prime minister lauded ADB’s longstanding association with Pakistan and for… Continue reading ADB renews resolve to work with Pakistan on economic challenges

ADB appreciates reforms for sustainable economic development

ISLAMABAD, Feb 27 (APP):The Asia Development Bank (ADB) on Monday appreciated the reforms introduced by the government and policy decisions taken in important sectors for achieving sustainable economic development. The appreciation was expressed by a delegation of executive directors of the Asian Development Bank (ADB) that called on Federal Minister for Finance and Revenue Senator… Continue reading ADB appreciates reforms for sustainable economic development

ADB appoints Safdar Parvez as country director in China

ISLAMABAD, Jan 30 (APP):The Asian Development Bank (ADB) has appointed Safdar Parvez as its Country Director for the People’s Republic of China (PRC). Mr. Parvez has arrived in Beijing following his appointment last month, says a statement issued by the ADB on Monday. As Country Director, he will oversee ADB’s operations in the PRC, including… Continue reading ADB appoints Safdar Parvez as country director in China

PM appreciates US, UK, Germany, ADB for pledges to support Pakistan

ISLAMABAD, Jan 11 (APP): Prime Minister Muhammad Shehbaz Sharif on Wednesday expressed gratitude to the United States, the United Kingdom, Germany and the Asian Development Bank for their pledges during Resilient Pakistan Conference to support the reconstruction and rehabilitation efforts in the flood affected areas. In a series of tweets, the prime minister acknowledged US… Continue reading PM appreciates US, UK, Germany, ADB for pledges to support Pakistan

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