The Asian Development Bank (ADB) has approved $800 million loan for Pakistan. According to the ADB’s official statement, the amount for Pakistan has been approved under Resources Mobilization Reforms Program. The statement further stated that Pakistan enjoys majority of support of at the Asian Development Bank (ADB). Earlier it was reported that the World Bank (WB) to invest $40 billion in Pakistan during 2026 to 2035 under its Country Partnership Framework (CPF).

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Climber rescued from Everest dies in hospital

An Indian climber who was evacuated from Mount Everest after he fell…

Pakistan rejects US claims on ballistic missile programme as ‘baseless’

Pakistan has rejected claims by a senior US official regarding its ballistic…

Security forces kill 14 terrorists in KP, Balochistan IBOs: ISPR

Security forces have eliminated 14 terrorists in three separate operations conducted in…

IMF hails Pakistan’s economic reforms, confirms review mission from Feb 25

The International Monetary Fund on Friday welcomed reform progress by Pakistan, saying…