Monday, January 18, 2021

Asian Development Bank To Provide $2.1B Funds To Support Pakistan’s Reform & Development Programs

The Asian Development Bank plans to provide $2.1B  out of 3.4 billion dollar funds to support Pakistan’s reform and development programs during the current fiscal year.

This was stated by ADB Country Director Xiaohong Yang while addressing a function titled ‘Consultation Pakistan: Country Partnership Strategy 2020-2024’ in Islamabad today. She said ADB stands ready to assist Pakistan to achieve higher, sustained and inclusive growth.

Yang said we are open for new ideas and adopt innovative approaches to fast track, scale-up and deepen our assistance in priority sectors.

Speaking on the occasion, Secretary Economic Affairs Division Noor Ahmed said new ADB Pakistan partnership strategy should focus on coordinated and integrated efforts to address key development challenges and spur economic growth


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