ADB approves $500 Million loan for Climate and Disaster Resilience in Pakistan
The Asian Development Bank (ADB) has approved a $500 million policy-based loan to support climate change and disaster risk reduction and resilience in Pakistan.
Mehfooz
Pakistan’s economic growth rebounds in FY-2024: ADB
According to the Asian Development Outlook (ADO) September 2024, an update to ADB’s flagship economic publication, Pakistan’s gross domestic product (GDP) growth is projected to have recovered modestly to 2.4% in FY2024 and should growth further by 2.8% in FY2025 accompanied by a decline in inflation.
Editor
ADB approves $400M flood recovery loan for Pakistan
The Asian Development Bank (ADB) approved a $400 million concessional loan to support the reconstruction of houses and community infrastructure in Pakistan’s Sindh province damaged by the devastating floods in 2022.
ADB approves financing to boost Public–Private Partnerships in Pakistan
The Asian Development Bank (ADB) has approved a $250 million policy-based loan to help the Pakistan drive sustainable investments in infrastructure and services through public–private partnerships (PPPs).
Women, shaping tomorrow’s policy for non-Banking microfinance sector
The Securities and Exchange Commission of Pakistan (SECP), in collaboration with Asian Development Bank (ADB) held a workshop on “Women Equifin: Shaping Tomorrow’s Policy for NBMFCs,” marking a significant milestone in gender equality in the microfinance sector. The workshop launched a draft Women Equality in Finance Policy Framework, based on industry insights and stakeholder feedback.
ADB’s food security forum scheduled in April to tackle escalating food crisis
The Asia and the Pacific Food Security Forum 2024 is set to take center stage from April 8 to 12, 2024, in Manila, Philippines to discuss actions for easing a worsening food crisis in the region.
SECP’s ‘International InsureImpact Conference 2023’ concludes
The Securities and Exchange Commission of Pakistan hosted the International InsureImpact Conference 2023 on December 13-14. On the conference’s second day, prominent experts and professionals from the insurance and financial sectors discussed crucial issues within the insurance industry to outline a strategic roadmap for the future trajectory of the country’s insurance sector.
Developing Asian Nations 2023 growth outlook upgraded to 4.9%
The Asian Development Bank has raised its economic forecast for developing economies in Asia and the Pacific to 4.9 percent.
ADB approve $155.5 Million financing for MSMEs to women empower
The Asian Development Bank has approved $155.5 million in financing for Pakistan that will support policy reforms enhancing women’s access to finance and provide credit to women-led micro, small, and medium-sized enterprises.
Adil Aziz
ADB approves $658.8 Million for Pakistan’s sustainable development of projects
The Asian Development Bank has approved this week three projects amounting to $658.8 million to help Pakistan achieve its goal of more inclusive and sustainable growth and development.