Latest ADB report says Pakistan’s economic outlook uncertain with high risks on the downside

The Asian Development Bank (ADB) has said the economic outlook of Pakistan is uncertain, with high risks on the downside, as political uncertainty would remain a key risk to the reform efforts and sustainability of stabilisation.

ADB finances largest private gas power plant to improve access to energy in Bangladesh

Dhaka: The Asian Development Bank (ADB) has signed a $200 million financing package with Reliance Bangladesh LNG and Power Limited (RBLPL) to build and operate a 718-megawatt (MW) combined-cycle gas-fired power plant in Bangladesh.

ADB, UK Aid Support Pakistan National Transport policy, master plan

Islamabad, Feb 8 (IBNS): The Government of Pakistan has kicked-off a 2-year project to formulate the National Transport Policy. The comprehensive national transport policy and master plan will help cut travel time and boost the country’s economic outlook, while positioning it as a regional trade and business hub. It also seeks a safe, efficient, and sustainable transport system to realize Pakistan’s Vision 2025.

ADB, Pakistan sign loans to boost cross-border trade with neighbours

Islamabad,Oct 27 (IBNS): The Asian Development Bank (ADB) and Government of Pakistan has signed loan agreements for $250 million to boost cross-border trade activity with neighboring countries.