Pakistan in Talks for $36 Billion Power Sector Refinancing to Cut Electricity Tariffs
Pakistan is negotiating $36 billion in long-term financing with international lenders and Saudi Arabia to refinance power sector debt over 13 years, aiming to lower industrial electricity tariffs and manage circular debt.
ADB Plans $2 Billion Development Projects for Sindh in Education, Health, Transport and Climate Resilience
The Asian Development Bank outlines a $2 billion development project pipeline for Sindh, focusing on education, health, transport, housing, skills development, and coastal resilience, signalling renewed momentum in the province’s long-term growth agenda.
Pakistan, ADB Sign $730 Million Deals for Power Transmission and SOE Reforms
Pakistan and the Asian Development Bank sign agreements worth $730 million for power transmission strengthening and state-owned enterprise reforms, aiming to improve energy reliability, infrastructure resilience, and operational efficiency.
Pakistan and ADB Deepen Cooperation to Fast-Track Economic Reforms and Development
Pakistan and the Asian Development Bank have reaffirmed their strategic partnership to accelerate economic reforms, improve project execution and expand private sector–led growth under the evolving development agenda.
Asian Development Bank Approves $540 Million Financing for Pakistan’s SOE and Climate Projects
The Asian Development Bank has approved $540 million to support Pakistan’s state-owned enterprise reforms and enhance flood and climate resilience in Sindh, benefiting over 500,000 people.
ADB stresses reforms and disaster resilience as drivers of Pakistan’s economic growth
The Asian Development Bank projects Pakistan’s economy to expand steadily, emphasizing sustained reforms and climate resilience as crucial for long-term growth amid structural challenges and recurring disasters.
ADB Announces $3 Million Grant to Support Pakistan’s Flood Relief Efforts
The Asian Development Bank has pledged a $3 million grant from its Asia Pacific Disaster Response Fund to support emergency relief efforts in Pakistan following devastating floods, while reaffirming its long-term commitment to development and private sector engagement.