Asian Development Bank Approves $1.5 Billion in Financing for Pakistan

Posted on 10/24/2022

The Asian Development Bank (ADB) on October 21, 2022 approved US$ 1.5 billion in financing to help Pakistan provide social protection, promote food security, and support employment for its people. Pakistan has been impacted by inflation, devastating floods, and global supply chain disruptions. The loan is provided under ADB’s Building Resilience with Active Countercyclical Expenditures…

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