The Asian Development Bank (ADB) is expected to provide Pakistan with an additional $2.5 billion in budgetary support in fiscal year 2022-2023 as the government seeks assistance to address a growing balance of payments crisis, according to The News.

According to the administration, $1.5-2 billion may be available in the coming fiscal year.

During a meeting with Minister of State for Finance and Revenue Dr Aisha Ghous Pasha, ADB Country Director Yong Ye revealed the funding plan.

 

 

Leave a Reply

Your email address will not be published.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

You May Also Like

PML-N leaders reject PPP leader’s remarks on Sharif family

Defence Minister Khawaja Asif, along with other federal ministers, on Friday pushed…

Punjab CM Maryam Nawaz unveils ‘Smart Classroom’ project

Punjab Chief Minister Maryam Nawaz unveiled the AI-powered “Smart Classroom Project” at…

Rimal Ali’s alleged video case: Journalist Mubasher Lucman raises an important question

Distinguished journalist and news anchor Mubasher Lucman, about Rimal Ali’s video statement,…