(ADB)

Pakistan achieves over US$1billion disbursement from ADB

Pakistan achieves over US$1billion disbursement from ADB

The ADB will also provide programme lending facility to Pakistan to the tune of $2.3 billionISLAMABAD (Dunya News) – Asian Development Bank (ADB) Director General Strategy, Policy & Review Department Tomoyuki Kimura called on Finance Minister Asad Umar.During the meeting, the finance minister said that ADB’s continued support and pro-active approach has further strengthened its […]

Pakistan remains undecided on cancelling $400m loan from ADB

Pakistan remains undecided on cancelling $400m loan from ADB

ISLAMABAD: With only nine months left in closing of the project, Pakistan has not yet taken a final decision on the cancellation of a $400 million loan, which the Asian Development Bank (ADB) has extended for installation of smart electricity meters, due to divergent views of the concerned ministries.The Power Division – the executing agency for […]

ADB-Pakistan agreed for stronger public-private partnerships

ADB-Pakistan agreed for stronger public-private partnerships

ISLAMABAD:The Asian Development Bank (ADB) and the government of Pakistan on Monday agreed to chart new ways to pursue more robust and inclusive investments in Pakistan by scaling-up public-private partnerships (PPPs) to tap the private sector resources and to meet the country’s rising infrastructure development needs.The three-day ‘ADB Country Programming and Public-Private Partnerships in Pakistan‘ […]

Asian Development Bank (ADB) showed interest in mutual cooperation with Pakistan Railways (PR) to modernize its infrastructure

Asian Development Bank (ADB) showed interest in mutual cooperation with Pakistan Railways (PR) to modernize its infrastructure

By; Asghar Ali Mubarak, February, 19, 2018 ISLAMABAD: Manila –based Asian Development Bank (ADB) showed interest in mutual cooperation with Pakistan Railways (PR) to modernize its infrastructure, rolling stock and human resource management. This was discussed during meeting of Mr. Werber E .Liepopach, DG Central and West Asia Department, ADB with Mrs. Parveen Agha, Chairperson, […]