FY23: ADB says Pakistan’s economy weighed down by tighter monetary, fiscal policies The Asian Development Bank (ADB) on Wednesday said Pakistan’s economic growth in the fiscal year 2023 remained lower... Published 19 Jul, 2023 04:30pm
Markets ADB cuts inflation forecast for developing Asia MANILA: The Asian Development Bank cut its inflation forecast for developing Asia on Wednesday, as food and fuel... Published 19 Jul, 2023 01:07pm
Business & Finance ‘Sectors and Themes’: ADB appoints Yasmin as VP ISLAMABAD: The Asian Development Bank (ADB) has appointed Fatima Yasmin as Vice-President for Sectors and Themes for... Published 29 Jun, 2023 04:19am
Markets World Bank set to approve $700mn for Sri Lanka next week COLOMBO: The World Bank is likely to approve $700 million in budgetary and welfare support for Sri Lanka at its next... Published 19 Jun, 2023 03:37pm
Perspectives Power of retail bonds: a stable funding source for Asian governments Retail bonds are neither new nor terribly exciting financial instruments. However, they are proving powerful... Published 17 Jun, 2023 04:34pm
Print Covid-19 Active Response & Expenditure Support: ADB’s IED terms ‘Pakistan Programme’ highly successful ISLAMABAD: The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated “Pakistan:... Updated 07 Jun, 2023 09:09am
World Debt-ridden Sri Lanka gets $350mn loan boost from Asian Development Bank COLOMBO: The Asian Development Bank (ADB) on Monday approved a $350 million special policy-based loan to provide... Published 29 May, 2023 02:01pm
Editorials ADB’s ‘factsheet’ EDITORIAL: ADB’s (Asian Development Bank’s) latest report, “Factsheet on Pakistan”, goes to show, all over... Published 03 May, 2023 06:35am
Pakistan ADB president assures continued support to Pakistan for reforms Acknowledges stabilisation measures taken by government to put national economy back on track Published 02 May, 2023 04:14pm
World Sri Lanka seeks reclassification for cheaper ADB funding Sri Lanka’s Foreign Minister Ali Sabry met the vice president of the Asian Development Bank on Tuesday seeking a... Published 02 May, 2023 02:17pm
Markets Japan’s Suzuki: Will stay vigilant to fallout from US bank failure INCHEON: Japanese authorities will continue to watch “with a strong sense of alarm” the potential fallout from First... Published 02 May, 2023 10:47am
Markets Asian nations to debate Japan’s bid to beef up market safeguards TOKYO: Asian finance leaders gathering in South Korea next week will likely debate ways to beef up safeguards... Published 28 Apr, 2023 10:00am
Business & Finance Minister for optimum utilisation of foreign loans LAHORE: Punjab Caretaker Local Government Minister Ibrahim Murad has directed for optimum utilisation of foreign... Published 28 Apr, 2023 06:08am
Print Recovery needs estimated at $16.3bn: Floods hit 33m people, caused $30bn economic losses: ADB ISLAMABAD: The floods in Pakistan impacted 33 million people, inflicted damages and economic losses exceeding $30... Updated 25 Apr, 2023 09:03am
Pakistan Pakistan among record number of developing countries facing a debt crisis Record number of developing nations at risk of crisis will be high on the agenda next week for the World Bank Group and IMF spring meetings Published 06 Apr, 2023 12:37pm
Business & Finance ADB says developing Asia’s growth to accelerate after China reopening MANILA: The Asian Development Bank raised its 2023 growth forecast for developing Asia on Tuesday, after China’s... Published 04 Apr, 2023 12:40pm
Print Four key projects: ADB sends mission to ascertain complaints’ eligibility ISLAMABAD: The Asian Development Bank (ADB) has dispatched its Accountability Mission to ascertain eligibility of... Updated 27 Mar, 2023 12:09pm
World Sri Lanka to start next round of talks with creditors in April COLOMBO: Sri Lanka will kick off the next round of talks with creditors in the third week of April, President Ranil... Published 22 Mar, 2023 12:57pm
Markets Debt-stricken Sri Lanka to receive first tranche of IMF bailout funds in two days COLOMBO: Sri Lanka will get the first $330 million tranche of the International Monetary Fund’s bailout in the next... Updated 21 Mar, 2023 12:18pm
Pakistan Can Pakistan’s electric buses reduce urban air pollution woes? ISLAMABAD: For Karachi-based Raja Kamran, swapping his motorcycle commute for Pakistan’s first-ever electric bus... Published 13 Mar, 2023 01:25pm
Business & Finance ADB renews resolve to help govt deal with economic challenges ISLAMABAD: A delegation of Executive Directors of the Asian Development Bank (ADB) of Japan, China and South Korea... Published 01 Mar, 2023 06:21am
Business & Finance ADB team briefed about economic outlook ISLAMABAD: A delegation of executive directors of the Asian Development Bank (ADB) called on Federal Minister for... Updated 28 Feb, 2023 09:37am
World ADB proposes up to $25bn development support to India NEW DELHI: The Asian Development Bank’s (ADB) president has proposed up to $25 billion development support to India... Published 21 Feb, 2023 09:18pm
Pakistan Can Pakistan break cycle of destruction in flood rebuilding? GOZO: It is nearly five months since floodwaters swept away Muhammad Fazal’s general store in southern Pakistan.... Published 02 Feb, 2023 11:01am
Markets Bangladesh secures $4.7bn from IMF as other South Asian countries see delays The International Monetary Fund (IMF) has approved loans of $4.7 billion to Bangladesh for disbursal starting... Published 31 Jan, 2023 11:59am
Print Disaster risk reconstruction: ADB to reprioritise $1bn over 3 years Key sectors of support include agriculture, natural resources, urban services, social protection, health, and public financial management Updated 10 Jan, 2023 08:51am
Business & Finance Bilawal praises ADB’s support ISLAMABAD: Foreign Minister Bilawal Bhutto-Zardari on Wednesday held a telephonic conversation with Vice President... Published 05 Jan, 2023 05:58am
World India, ADB sign $1.2bn loan agreements for infrastructure projects NEW DELHI: The Indian government and the Asian Development Bank (ADB) on Tuesday signed loan agreements totalling... Published 03 Jan, 2023 08:12pm
Business & Finance Power transmission programme: ADB approves $0.2m technical aid to support Tranche-4 of MFF ISLAMABAD: The Asian Development Bank (ADB) has approved technical assistance of $0.2 million to support the... Updated 28 Dec, 2022 08:50am
Business & Finance Maintaining viability of agri sector a challenging task: ADB ISLAMABAD: Main-taining the economic viability of Pakistan’s agriculture sector remains challenging due to the ... Published 28 Dec, 2022 04:12am