Tue, 21-Oct-2025

ADB approves $200 million loan to upgrade irrigation system in Punjab

ADB

ISLAMABAD: The Asian Development Bank (ADB) on Tuesday approved a $200 million loan for the development of an irrigation system in Punjab that will help increase agricultural productivity and enhance food security. The project loan, which is denominated in Japanese yen, will finance the construction of the second branch or Choubara system of the Greater … Read more

ADB approves $300 million loan to strengthen Pakistan’s energy sector

ADB

ISLAMABAD: The Asian Development Bank (ADB) on Friday approved a $300 million policy-based loan to support financial, technical, and governance reforms to strengthen Pakistan’s energy sector and improve its financial sustainability. The financing is part of the second sub-programme of the ADB’s Energy Sector Reforms and Financial Sustainability Programme, which aims at improving the governance … Read more