Tag: ADB
ABD approves $1.5 b loan for Pakistan
The loan will help fund the govt’s $2.3b countercyclical development expenditure program designed to cushion the impacts of external shocks, including the Russian invasion of Ukraine
Moody’s cuts Pakistan’s credit ranking over increased govt liquidity
Ministry of Finance strongly feels that the downgrading of Pakistan’s rating is not truly reflective of the country’s macroeconomic conditions
ADB sees Pakistan economy slowing down in 2023 amid strong climate headwinds
ISLAMABAD: Amid devastating floods, policy tightening, and critical efforts to tackle sizable fiscal and external imbalances, Pakistan’s economy is expected slowing down to 3.5%...
ADB projects Pakistan’s economic growth at 4%
The Asian Development Bank (ADB) has predicted Pakistan’s economic growth at 4 per cent in the financial year 2021-22.According to the Asian Development Outlook...
ADB lauds govt’s efforts in social, economic sectors
Vice President Asian Development Bank Shixin Chen appreciated and supported the efforts made by the incumbent government in social and economic sectors for bringing...