Tue, 21-Oct-2025

ADB announces $2.5bn flood relief support to Pakistan

ADB flood relief

ISLAMABAD: The Asian Development Bank (ADB) will provide flood relief support to Pakistan to the tune of $2.3 to 2.5 billion. ADB Country Director for Pakistan Yong Ye along with a delegation called on Finance Minister Senator Ishaq Dar at the Finance Division and announced the flood assistance. The funds includes $1.5 billion for the … Read more

ADB Approves $300mn To Help Pakistan’s Financial Sector

ABD Approves $300mn To Help Pakistan's Financial Sector

The Asian Development Bank (ADB) has approved a  $300 million loan to help grow Pakistan’s financial sector which has grappled with the crisis. According to the Turkish news agency Anadolu, the bank official said that the loan would be used to encourage private sector investment in Pakistan and to help take steps to establish competitive … Read more