On March 12, 2024, a 13-member delegation from the Asian Development Bank (ADB), led by Country Director Mr. Yong Ye, convened with Chairman of WAPDA, Engr Lt Gen Sajjad Ghani (Retd), for discussions on water and hydropower projects. The ADB delegation, currently in Pakistan to conduct a Country Portfolio Review, engaged in a conclusive session with the Chairman concerning various…
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ISLAMABAD: The Asian Development Bank (ADB) on Tuesday announced that it had approved a $180 million loan to improve water supply and solid waste management services in Punjab’s two rapidly growing cities — Rawalpindi and Bahawalpur. In a statement, the Manila-based lending agency said the loan was expected to benefit about 1.5 million people through the Developing Resilient Environments and…
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ISLAMABAD: Amid struggling project implementation and calls for more transparency by multilateral and bilateral lenders, the caretaker government on Tuesday made a pitch for additional international financial support, particularly those relating to ‘debt for nature and debt for social development swaps’ to help Pakistan meet climate finance targets. The appeal for additional financial support was made by Caretaker Finance Minister…
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With record receipts of $5.58 billion, Pakistan has turned into the biggest beneficiary of the Asian Improvement Bank (ADB)- supported programs/projects in the year 2022, the bank’s yearly report uncovers.
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A draft report, a pre-plausibility study (Pre-FS) on the potential for Energy Change System (ETM) Open doors in Pakistan, ready by the Asian Improvement Bank (ADB) to direct Pakistan on the decarbonisation of its energy area has drawn a ton of analysis from various neighborhood and worldwide support and local area based associations working for the advancement of cleaner and…
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