Tag: Asian Development Bank
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ADB report shows Funding received by Pakistan in 2022
According to the Asian Development Bank (ADB)’s annual report, the bank financed projects over thirty billion in Asia. According to Baaghi TV reports, on the one hand, in 2022, the ADB financed projects worth 31.8 billion in Asia, on the other hand, the Russo-Ukraine war remained a leading cause of inflation at the global level,…
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ADB forecasts 4% growth rate in 2021-22: Pakistan
The Asian Development Bank (ADB) has forecasted a 4% growth in Pakistan’s Gross Domestic Product (GDP) in the years 2021 and 2022; as a result of the gradual resumption of business activities in the second year of COVID-19. According to the ADB 2021, the growth rate forecast has seen a resurgence in private investment as…
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EU, ADB Seek Help from PIA in Evacuating People from Kabul
The European Union (EU) has officially requested assistance from Pakistan International Airlines (PIA) for the evacuation of 420 people from Kabul to Islamabad. According to the details, Ambassador of the EU to Pakistan Androulla Kaminara in a letter to chief executive officer (CEO) PIA Air Marshal Arshad Malik has sought PIA’s assistance for the evacuation of 420…
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Pakistan’s GDP can be increased 30% by bridging gender gap: ADB
ADB Country Director Pakistan, Xiaohong Yang has termed the gender inequities a significant challenge for Pakistan and its GDP
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Asian Development Bank Sells 2 billion USD 10 Year Global Benchmark Bond
Asian Development Bank has sold 2 billion USD 10 year global benchmark bond.
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ADB Approves $1 million Grant for Energy Efficient Air-Conditioning
ADB has approved a $1 million grant for energy efficient air-conditioning systems.
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Pakistan receives $500m first tranche from US
Pakistan receives first installment of US $500 million after Prime Minister Imran Khan’s visit to the US. According to the reports of Baaghi TV, Federal Minister for Economic Affairs Hammad Azhar tweeted that Pakistan had received the first installment of US $500 million in aid from Asian Development Bank.. According to the Federal Minister, US…