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ADB Pakistan

Pakistan’s economic growth to decelerate to 0.6% in FY23: ADB

Depending on a fast return to stability twinned with robust macroeconomic and structural reforms, country can bounce back: Asian Development Bank

Updated 04 Apr, 2023 08:38pm

Flood recovery efforts: Five financing pacts worth $775m inked with ADB

ISLAMABAD: The government of Pakistan and the Asian Development Bank (ADB) Thursday signed five financing agreements...

Updated 16 Dec, 2022 09:30am

Pakistan

Flood relief: ADB approves $554mn financing package

Package includes $475mn loan and $3mn technical assistance grant, plus $5mn grant from Japan

Updated 12 Dec, 2022 06:03pm

Business & Finance

ADB provides Pakistan $100mn to improve KPK healthcare sector

Funds will be used to modernise infrastructure and equipment as well as improve human resources planning and medicine supply chain management

Updated 04 Nov, 2022 07:48pm

Pakistan

Forex boost: SBP receives $1.5bn from ADB, says Dar

Funds part of ADB's response package to support Pakistan in the wake of recent floods

Updated 26 Oct, 2022 08:55pm

Countercyclical support facility loans: Project risks identified by ADB

Documents reveal that Pakistan meets all the criteria required to access ADB’s countercyclical support facility

Updated 25 Oct, 2022 10:01am

Business & Finance

$1.5 billion BRACE programme will provide timely liquidity to Pakistan: ADB

Officials say funding will also allow govt to roll out relief and recovery package to flood victims

Updated 24 Oct, 2022 07:28pm

ADB board approves $1.5bn financing

ISLAMABAD: The Asian Development Bank (ADB) has approved $1.5 billion in financing to help the government of ...

Updated 22 Oct, 2022 09:44am

Pakistan

ADB approves $1.5bn financing for Pakistan amid floods, supply-chain disruptions

Loan will be utilised to fund government’s $2.3 billion countercyclical development expenditure programme

Updated 21 Oct, 2022 05:13pm

Pakistan

ADB says aims to mobilise $500-700mn package for immediate relief assistance to Pakistan

Is also processing $1.5-billion countercyclical support to mitigate impacts of rising food prices and other external shocks on the poor and vulnerable

Published 29 Sep, 2022 06:47pm

Pakistan

ADB to repurpose assistance for Pakistan to support flood rehabilitation

Asian Infrastructure Investment Bank has also committed to co-finance additional $500 million under Countercyclical Support Facility

Published 29 Sep, 2022 05:50pm

Pakistan

ADB approves $100mn results-based loan for Khyber Pakhtunkhwa’s health sector

Programme will look to help improve the delivery of health services at secondary hospitals by modernising infrastructure and equipment among other objectives

Updated 22 Sep, 2022 06:42pm

Pakistan

ADB forecasts Pakistan's GDP growth to slow down to 3.5% in FY23

Recent devastating floods in Pakistan add profound risk to the country’s economic outlook, says ADB Country Director for Pakistan Yong Ye

Updated 21 Sep, 2022 06:07pm

Pakistan

Flood relief: ADB 'working quickly to provide significant package' to Pakistan

Package designed to support people, livelihoods, and infrastructure immediately, says ADB

Updated 20 Sep, 2022 03:12pm

Pakistan

Bank assessing situation: ADB expresses concern over future of its projects

LAHORE: The Asian Development Bank has expressed concerns on the progress of funded-projects in the Punjab due to...

Published 15 Sep, 2022 06:34am

Pakistan

Structural reforms for growth govt’s prime focus, Miftah tells ADB

Federal Minister for Finance and Revenue Miftah Ismail on Thursday said that the present government's prime focus is...

Published 04 Aug, 2022 04:05pm

Pakistan

Pakistan’s GDP growth projected to 'recover slightly' in FY23: ADB

Asian Development Outlook Supplement highlights SBP among most aggressive central banks in region

Updated 21 Jul, 2022 06:18pm

Pakistan

Pakistan's growth rate to slow down to 4% in FY22: ADB

Report highlights economy will bear brunt of high oil prices due to the ongoing Russia-Ukraine conflict
Inflation rate expected to pick up to around 11% in FY2022

Updated 06 Apr, 2022 06:32pm

Markets

ADB approves $300mn loan for Pakistan’s capital market development

Says country's equity markets lack depth in terms of the number of investors that access it and the number of companies raising capital, while Pakistan’s bond market is almost completely dominated by government borrowing

Updated 22 Mar, 2022 06:18pm

Business & Finance

Pakistan receives $300mn from ADB for energy sector reforms

Funds received will also help strengthen foreign exchange reserves and stabilize the exchange rate, says Economic Affairs Division

Published 24 Dec, 2021 01:49pm

Business & Finance

Pakistan inks $1.5bn loan agreements with ADB

The projects signed today mark ADB’s strong commitment for Pakistan’s post-pandemic recovery and sustainable development, says Yong Ye, ADB’s Country Director for Pakistan

Updated 22 Dec, 2021 06:54pm

Business & Finance

ADB approves $200mn loan for Punjab’s irrigation system development

The scheme will provide irrigation water supply to 704,000 hectares of land in Bhakkar, Jhang, Khushab, Layyah, and Muzaffargarh districts

Published 13 Dec, 2021 12:46pm

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Oct 4 Security Investment Bank Limited(SIBL)	4.50 ▲ 0.79 (21.29%)
F.Credit & Inv / Oct 4 First Credit and Investment Bank Limited(FCIBL)	5.75 ▲ 1.00 (21.05%)
Premier Insurance / Oct 4 Premier Insurance Limited(PINL)	7.11 ▲ 1.00 (16.37%)
Punjab Mod / Oct 4 First Punjab Modaraba(FPJM)	1.59 ▲ 0.19 (13.57%)
Jubilee Spinning / Oct 4 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	4.55 ▲ 0.54 (13.47%)
WorldCall Telecom / Oct 4 Worldcall Telecom Limited(WTL)	1.40 ▲ 0.15 (12.00%)
Hala Enterprise / Oct 4 Hala Enterprises Limited(HAEL)	9.99 ▲ 1.00 (11.12%)
Tariq Corp.Pref. / Oct 4 Tariq Corporation Limited-Preference Shares(TCORPCPS)	10.34 ▲ 1.00 (10.71%)
Tri-Star Mutual / Oct 4 Tri-Star Mutual Fund Limited(TSMF)	4.95 ▲ 0.46 (10.24%)
Saif Textile / Oct 4 Saif Textile Mills Limited(SAIF)	9.01 ▲ 0.76 (9.21%)

Stock	Price
D.S. Ind. Ltd. / Oct 4 D.S. Industries Limited(DSIL)	2 ▼ -0.20 (-9.09%)
Aisha Steel(ConPS) / Oct 4 Aisha Steel(ConPS)(ASLPS)	7.50 ▼ -0.67 (-8.20%)
Al-Shaheer Corp / Oct 4 Al Shaheer Corporation Limited(ASC)	9.47 ▼ -0.78 (-7.61%)
Sunrays Textile / Oct 4 Sunrays Textile Mills Limited(SUTM)	92.50 ▼ -7.50 (-7.50%)
Baba Farid Sugar / Oct 4 Baba Farid Sugar Mills Limited(BAFS)	26.82 ▼ -2.17 (-7.49%)
Hussain Industries / Oct 4 Husein Industries Limited(HUSI)	14.25 ▼ -1.15 (-7.47%)
S.S.Oil / Oct 4 S.S.Oil Mills Limited(SSOM)	77.75 ▼ -6.25 (-7.44%)
Idrees Tex. / Oct 4 Idrees Textile Mills Limited(IDRT)	14 ▼ -1.00 (-6.67%)
Leather Up Ltd. / Oct 4 Leather Up Limited(LEUL)	10.02 ▼ -0.69 (-6.44%)
Habib Rice Products / Oct 4 Habib Rice Product Limited(HRPL)	37.11 ▼ -2.39 (-6.05%)

Stock	Volume
WorldCall Telecom / Oct 4 Worldcall Telecom Limited(WTL)	150,424,567 ▲ 0.15
Cnergyico PK / Oct 4 Cnergyico PK Limited(CNERGY)	19,001,237 ▼ -0.02
Pak Refinery / Oct 4 Pakistan Refinery Limited(PRL)	12,964,688 ▲ 0.33
Bankislami Pak. / Oct 4 BankIslami Pakistan Limited(BIPL)	11,151,938 ▼ -0.66
Oil & Gas Dev. / Oct 4 Oil & Gas Development Company Limited(OGDC)	9,902,658 ▼ -0.50
Unity Foods Ltd / Oct 4 Unity Foods Limited(UNITY)	8,538,353 ▼ -0.50
Habib Bank / Oct 4 Habib Bank Limited(HBL)	6,414,290 ▲ 5.38
P.I.A.C.(A) / Oct 4 Pakistan International Airlines Corp(PIAA)	6,392,500 ▲ 0.01
Maple Leaf Cement / Oct 4 Maple Leaf Cement Factory Limited(MLCF)	6,294,646 ▲ 0.47
Air Link Com. / Oct 4 Air Link Communication Limited(AIRLINK)	6,076,059 ▲ 1.77

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 4	284.85
USD PKR Interbank Buying / Oct 4	284.65
USD to Japanese Yen / Oct 4	148.93
USD to Swiss Franc / Oct 4	0.92
Pound Sterling to USD / Oct 4	1.21
Euro to USD / Oct 4	1.05
UK LIBOR % / Oct 3	5.44

Stock	Volume
S&P 500 / Oct 3	4229.45
India Sensex / Oct 3	65512.10
Nasdaq / Oct 3	13059.47
Dow Jones / Oct 3	33002.38
Tokyo Nikkei / Oct 4	30526.88
Hang Seng / Oct 4	17177.48
FTSE 100 / Oct 4	7475.08
Germany DAX 30 / Oct 4	15028.34
France CAC40 / Oct 4	6985.57

Item	Value
Karachi Cotton PKR/37.32 KG / Oct 3	18235
Gold 10 Grams PKR / Oct 3	172410
Crude Oil USD/Barrel / Oct 4	88.50
Gold Spot USD/Ounce / Oct 4	1822.59
Cotton US¢/pound / Oct 4	87.47

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