ISLAMABAD, Apr 25 (APP):The Asian Development Bank (ADB) committed $23.6 billion from its own resources in 2023, including $9.8 billion for climate action, to help Asia and the Pacific progress on sustainable development. These figures are among the financial and operational results published on Thursday in ADB’s Annual Report 2023. The report summarizes how ADB… Continue reading ADB operations reach $23.6 bln in 2023, achieve record climate finance
Tag: Asian Development Bank
Pakistan, ADB discuss collaboration to foster economic growth
ISLAMABAD, Mar 21 (APP):The Country Director of the Asian Development Bank (ADB), Young Ye, here Thursday called on Minister for Finance & Revenue, Muhammad Aurangzeb to discuss ongoing collaborations and future initiatives aimed at fostering economic development in Pakistan. They reaffirmed their commitment to strengthening their partnership, with a shared goal of promoting sustainable economic… Continue reading Pakistan, ADB discuss collaboration to foster economic growth
Developing Asia’s 2023 growth outlook upgraded to 4.9%
ISLAMABAD, Dec 13 (APP):The Asian Development Bank (ADB) has raised its economic forecast for developing economies in Asia and the Pacific to 4.9 percent. The regional economy is expected to grow 4.9% this year, compared with a previous forecast of 4.7% in September, according to the Asian Development Outlook (ADO) December 2023, released by the… Continue reading Developing Asia’s 2023 growth outlook upgraded to 4.9%
ADB approves $155 mln to help boost Pakistan women’s access to finance
ISLAMABAD, Dec 11 (APP):The Asian Development Bank (ADB) has approved $155.5 million in financing for Pakistan that will support policy reforms enhancing women’s access to finance and provide credit to women-led micro, small, and medium-sized enterprises. The financing comprises a $100 million policy-based loan that supports legal and regulatory reforms that will help women to… Continue reading ADB approves $155 mln to help boost Pakistan women’s access to finance
High-level meeting discusses BRT project with ADP mission
High-level meeting discusses BRT project with ADP mission
BISP for expanding digitalization process to ensure transparency
ISLAMABAD, Dec 05 (APP):The Benazir Income Support Programme BISP) on Tuesday discussed expansion of the digitalization process to ensure transparency in service delivery with the delegation from Asian Development Bank (ADB) and Sustainable Development Policy Institute (SDPI) In a meeting held at BISP office, the visiting team from ADB and SDPI explored the digital transformation… Continue reading BISP for expanding digitalization process to ensure transparency
ADB Capital Management Reforms unlock $100 bln in new funding
ISLAMABAD, Sep 29 (APP): The Asian Development Bank (ADB) on Friday approved capital management reforms that unlock $100 billion in new funding capacity over the next decade to address the region’s overlapping, simultaneous crises. The expansion of available funds will be further leveraged through mobilizing private and domestic capital to move from the billions to… Continue reading ADB Capital Management Reforms unlock $100 bln in new funding
A delegation of Asian Development Bank ASB led by its Country Director Yong Ye called on Deputy Chairman Planning Commission Jehanzeb Khan at Planning Commission
Interim Minister for Energy Mr. Muhammad Ali held a meeting with a team representing Asian Development Bank at Power Division. The bilateral cooperation, energy efficiency and resource management for reforms in the power sector were discussed.
Energy Minister, team representing ADB discuss bilateral investment in power sector
ISLAMABAD, Sep 15 (APP):Caretaker Federal Minister for Energy Mr. Muhammad Ali and the team representing Asian Development Bank (ADB) here on Friday discussed bilateral investment in the power sector and the progress of the funded projects. During the meeting with the team representing Asian Development Bank (ADB) the minister also discussed the Power sector reforms… Continue reading Energy Minister, team representing ADB discuss bilateral investment in power sector
Mr. Masatsugu Asakawa, President, Asian Development Bank (ADB), in a meeting with the Pakistan delegation led by Dr. Kazim Niaz, Secretary, Economic Affairs Division (EAD) in Incheon
WB, ADB to continue support projects in KP
WB, ADB to continue support projects in KP
NCC reviews projects worth $5.6 billion
NCC reviews projects worth $5.6 billion
ADB approves $100 mln to improve skills training in Pakistan
ADB approves $100 mln to improve skills training in Pakistan
Federal Minister for Economic Affairs, Sardar Ayaz Sadiq witnesses the Signing Ceremony of Financing Agreement worth US$ 100 Million, with the Asian Development Bank for “Khyber Pakhtunkhwa Health Systems Strengthening Program”
International institutions announce $500 mln for flood affectees on appeal of PM
The international organizations and financial institutions Thursday announced immediate assistance of more than 500 million dollars for the flood victims on the appeal of Prime Minister Shehbaz Sharif. The PM chaired an important meeting with the international donors here for providing relief to the flood victims. The representatives of the World Bank, Asian Development Bank,… Continue reading International institutions announce $500 mln for flood affectees on appeal of PM
Federal Minister for Finance and Revenue Miftah Ismail held a meeting with Eugene Zhukov, Director General, Asian Development Bank at Finance Division
Federal Minister for Finance and Revenue Miftah Ismail held a meeting with Dr. Wan Farissan Bin Wan Suleiman and Noor Ahmed, Executive Directors of Asian Development Bank (ADB) at Finance Division
ADB approves 603 million dollars program for Ehsaas
ISLAMABAD, Dec 08 (APP):Asian Development Bank (ADB) on Wednesday approved a 603 million dollars program for Ehsaas. According to the Special Assistant to the Prime Minister on Poverty Alleviation and Social Protection, Sania Nishtar, the program will ensure implementation of the poverty alleviation and social protection strategy of Ehsaas. Dr. Sania said that new funding… Continue reading ADB approves 603 million dollars program for Ehsaas
ADB approves $603 mln to support social protection programmes in Pakistan
ISLAMABAD, Dec 8 (APP):The Asian Development Bank (ADB) on Wednesday approved a $603 million results-based lending program to strengthen and expand social protection programmes in Pakistan. Using conditional cash transfers, the program will support the implementation of Ehsaas, Pakistan’s national social protection and poverty reduction strategy, according to an ADB statement received here Wednesday. Under the… Continue reading ADB approves $603 mln to support social protection programmes in Pakistan