World Bank, Pakistan agree on need for 10-year rolling country framework plan: Finance Division Aurangzeb also shares reform agenda during meeting with World Bank chief Updated 17 Apr, 2024 05:56pm
Opinion Beyond degrees: Shifting to a 4F mindset in policy and strategy The pedigree of one’s education in esteemed Western institutions or extensive experience in financial institutions... Published 19 Mar, 2024 04:53am
Pakistan Gandapur seeks enhanced ADB cooperation PESHAWAR: KP Chief Minister Ali Amin Gandapur has sought enhancement of cooperation and partnership with Asian... Published 18 Mar, 2024 04:56am
Markets Asia LNG imports are robust, but record supply keeps spot prices muted: Russell LAUNCESTON: The spot price of liquefied natural gas (LNG) is continuing to meander at low levels amid ample supply... Published 05 Feb, 2024 11:18am
Print FPCCI supports restructuring plan KARACHI: Atif Ikram Sheikh, President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has said... Updated 04 Feb, 2024 09:51am
Business & Finance Asian Development Bank sees ample room to boost lending to deal with crises TOKYO: The Asian Development Bank (ADB) sees no immediate need to boost its capital base, thanks to years of efforts... Published 11 Jan, 2024 11:39am
Print Motorway projects: ADB rates ‘$590m additional financing’ as successful ISLAMABAD: The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated “Pakistan:... Updated 04 Jan, 2024 08:50am
World ADB signs $160mn loan agreement with Bangladesh to upgrade power network The Asian Development Bank (ADB) said on Tuesday it had signed a $160 million loan agreement with Bangladesh to help... Published 02 Jan, 2024 08:39pm
Opinion Pakistan’s promising economic outlook The finance division’s ‘monthly economic outlook report’ for the month of November reveals that Pakistan’s... Published 14 Dec, 2023 05:24am
Business & Finance Developing Asia to end 2023 on brighter note as China’s economy recovers: ADB MANILA: Developing Asia will likely end the year on a brighter note, the Asian Development Bank said on Wednesday,... Published 13 Dec, 2023 10:15am
Business & Finance ADB approves up to $2.1bn financing for bridge to decongest Philippine capital The Asian Development Bank said on Tuesday it had approved financing of up to $2.1 billion for the Philippines to... Published 12 Dec, 2023 02:07pm
Business & Finance ADB approves $155m to help boost women’s access to finance ISLAMABAD: The Asian Development Bank (ADB) has approved $155.5 million in financing for Pakistan that will support... Published 12 Dec, 2023 05:28am
Pakistan ADB approves $155.5mn funding to boost female access to finance in Pakistan Says that while Pakistan’s financial inclusion has been improving, women are increasingly left behind with a large gender finance gap which currently stands at 34% Updated 11 Dec, 2023 09:24pm
Pakistan BRTs feeder routes: Sindh govt to induct 180 e-buses KARACHI: The Sindh government has decided to induct 180 electric buses -to be powered by solar energy - on the... Published 09 Dec, 2023 05:46am
Business & Finance ADB’s IED rates $800m ‘TCP’ as ‘successful’ ISLAMABAD: The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated “Pakistan:... Published 09 Dec, 2023 05:46am
Business & Finance ADB approves $400 million loan to Bangladesh The Asian Development Bank (ADB) said on Friday it has approved a $400 million policy-based loan to support climate... Published 08 Dec, 2023 03:40pm
Print Three projects: ADB approves $659m in financing ISLAMABAD: The Asian Development Bank (ADB) has approved three projects totaling $658.8 million to help Pakistan... Updated 07 Dec, 2023 09:48am
World Debt deal with creditors could help Sri Lanka clear IMF bailout review COLOMBO: Sri Lanka’s pact with creditor nations to restructure its debt prepares the way for the International... Published 30 Nov, 2023 11:00am
Business & Finance ADB approves $180m loan for water, sewerage facilities in Punjab ISLAMABAD: The Asian Development Bank (ADB) has approved a $180 million loan to improve water supply and solid waste... Published 29 Nov, 2023 05:09am
Pakistan ADB approves $180mn to improve Punjab’s water supply & waste management 'Developing Resilient Environments and Advancing Municipal Services in Punjab Project' expected to benefit as many as 1.5 million people Updated 28 Nov, 2023 04:09pm
Pakistan Shamshad irked by project delays ISLAMABAD: Expressing concern over project delays, particularly those critically delayed, caretaker Federal Minister... Published 22 Nov, 2023 05:48am
Markets Asian Development Bank approves $250mn for power transmission network ADB says Power Transmission Strengthening Project will help reinforce stability of national grid Updated 17 Nov, 2023 08:49pm
Print ADB IED rates power transmission investment programme as successful plan ISLAMABAD: The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated “Pakistan:... Updated 16 Nov, 2023 09:25am
Pakistan ADB approves $2m grant for Sindh coastal resilience project ISLAMABAD: The Asian Development Bank (ADB) has approved technical assistance of US two million dollars for... Published 25 Oct, 2023 06:19am
Pakistan KP CM discusses foreign funded projects with Secretary EAD, ADB PESHAWAR: Caretaker Chief Minister Khyber Pakhtunkhwa Muhammad Azam Khan was called on by Federal Secretary for... Published 21 Oct, 2023 06:05am
Markets ADB approves $300mn loan to fund greening of Chinese coal city BEIJING: The Asian Development Bank (ADB) said on Saturday it had approved a $300 million loan to an industrial city... Published 30 Sep, 2023 01:40pm
Print ADB revises growth downward to 1.9pc: Inflation revised upward to 25pc from 15pc ISLAMABAD: The Asian Development Bank (ADB) has revised Pakistan’s GDP growth forecast for the fiscal year 2024 down... Updated 21 Sep, 2023 09:37am
Markets China’s property crisis weighs on developing Asia’s 2023 growth outlook: ADB MANILA: Economic growth in developing Asia this year will be slightly lower than previously expected as the weakness... Published 20 Sep, 2023 11:43am
Pakistan Downward revision: ADB sees Pakistan’s GDP growth to ‘recover modestly’ to 1.9% in FY24 Prospects closely tied to steadfast and consistent implementation of policy reforms to stabilise economy and rebuild fiscal, external buffers, it says Updated 20 Sep, 2023 10:56pm
Markets Pandemic, inflation push 68 million more in Asia into extreme poverty, Asian Development Bank says MANILA: The coronavirus pandemic and rise in cost of living have pushed close to 70 million more people in... Published 24 Aug, 2023 10:31am