Tag: ADB

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ADB expects 4 percent growth in Pak in FY22, sees structural reforms key to boosting growth

ISLAMABAD: After a strong economic rebound in fiscal year (FY) 2021, Pakistan's economic growth is expected to moderate to 4 percent in FY2022 due...

ADB launches Energy Transition Mechanism pilot project in country

ISLAMABAD: The Asian Development Bank (ADB) has initiated a pilot project of Energy Transition Mechanism (ETM) in collaboration with regional and international partners. The...

ADB okays $200 million for second branch of Greater Thal canal system

ISLAMABAD: The Asian Development Bank (ADB) Monday approved a $200 million loan for the development of an irrigation system in Punjab to help increase...

Pakistan seeks ADB’s additional financing for virus vaccination

ISLAMABAD: Minister for Economic Affairs Omar Ayub Khan has expressed hope that Asian Development Bank (ADB) will provide additional financing to enable the government...

ADB committed $31.6bn in 2020 to aid the COVID-19 response, recovery: Report

ISLAMABAD: The Asian Development Bank (ADB) committed a record $31.6 billion in 2020 to help Asia and the Pacific swiftly tackle the coronavirus disease...

ADB urges renewed focus on SDGs amid corona

ISLAMABAD: A renewed focus on achieving the Sustainable Development Goals (SDGs) will be essential as countries seek to rebuild from the coronavirus disease (Covid-19)...
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