Pakistan Secures $61.8 Million from ADB for Railways, Quetta BRT, and Balochistan Water Projects
Pakistan and the Asian Development Bank signed agreements for $61.8 million to support major development projects in railways, urban transport in Quetta, and water sector development in Balochistan, strengthening sustainable economic growth.
ADB Clears $381 Million to Modernise Punjab’s Agriculture, STEM Education and Nursing Workforce
The Asian Development Bank has approved $381 million for three major development projects in Punjab focused on agriculture mechanisation, STEM education and healthcare workforce reforms to accelerate economic growth in the province.
ADB Commits Additional $48 Million to Advance Balochistan Water Development Project
The Asian Development Bank has approved an additional $48 million to complete key components of Balochistan’s water development project, aiming to strengthen irrigation, improve water management, and support climate-resilient growth in the province.
ADB Approves $330 Million Financing to Strengthen Pakistan’s Clean Energy Transmission Network
The Asian Development Bank has approved a $330 million financing package to expand Pakistan’s clean energy transmission capacity, supporting the evacuation of hydropower and renewable energy while advancing national power sector reforms.
SECP and ADB Promote We-Finance Code to Advance Women’s Financial Inclusion
The Securities and Exchange Commission of Pakistan, in partnership with the Asian Development Bank, held an awareness session in Karachi on the We-Finance Code, a framework designed to institutionalize gender-sensitive financial services and empower women in Pakistan’s economy.
Pakistan prepares to debut Panda Bond with ADB backing
Pakistan is preparing to launch its first-ever Panda Bond with support from the Asian Development Bank, marking a milestone in tapping Chinese capital markets. The move reflects growing international confidence in Pakistan’s economic reforms and will be backed by expanded ADB cooperation in climate resilience, infrastructure, and financial sector development.
Asian Development Bank Approves $300 Million Financing for Pakistan Copper Project
The Asian Development Bank has approved a $300 million loan to support Pakistan’s copper project, aiming to boost the country’s mining sector, enhance foreign exchange earnings, and position it in the global copper supply chain while ensuring sustainability and compliance standards.
ADB Projects Slower Rate Cuts and Downgrades Growth Forecasts for Developing Asia Amid Trade and Geopolitical Uncertainty
The Asian Development Bank sees a slower pace of monetary easing in developing Asia, revises regional growth outlook downward due to trade tensions, export declines, and ongoing geopolitical uncertainties.
ADB urges Pakistan to introduce 5 percent GST on digital transactions to boost e-commerce and document economy
The Asian Development Bank has recommended Pakistan adopt a uniform 5 percent GST on digital transactions, alongside broader reforms, to strengthen its digital economy, attract investment, and close gaps in e-commerce and documentation.
Khushhali Bank Joins SBP and ADB Drive to Advance Women-Focused Banking in Pakistan
Khushhali Microfinance Bank becomes part of the State Bank of Pakistan and Asian Development Bank’s Women Entrepreneurs Finance Code, reinforcing its commitment to delivering secure and accessible financial services to women across Pakistan.