According to Baaghi TV, Pakistan inked six agreements with the Asian Development Bank (ADB) on Wednesday to collect US$1.54 billion in financing.

The agreements were signed in the presence of Minister for Economic Affairs Omar Ayub Khan by the secretary of the Economic Affairs Division and the ADB’s country director.

The agreements offer US$300 million for energy sector reforms, US$385 million for infrastructure improvements in five cities across Khyber Pakhtunkhwa (KP), and Rs235 million for the construction of the 222-kilometer Shikarpur-Rajanpur Indus Highway.

 

 

Leave a Reply

Your email address will not be published.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

You May Also Like

Khawaja Asif asks for enhanced security on National Assembly premises

Minister for Defense Khawaja Muhammad Asif on Friday stressed to ensure elaborate…

Trump’s 20-point Gaza peace plan ‘not ours’: DPM Dar

Deputy Prime Minister (DPM) and Foreign Minister Ishaq Dar on Friday categorically…

President Sheikh Mohamed welcomes world leaders

Presidents, prime ministers, and heads of state began arriving at Expo City…

ECP takes notice of violence in PP-167 constituency

Lahore: On Sunday, the Election Commission of Pakistan (ECP) asked the police…