Saturday, June 7, 2025
-Advertisement-

Pakistan Secures $500 Million ADB Loan for Climate Protection Initiatives

- Advertisement -

Finance Minister Muhammad Aurangzeb has expressed appreciation to the Asian Development Bank (ADB) for approving a $500 million loan to support climate protection efforts in Pakistan.

Meeting with ADB President Masatsugu Asakawa in Washington, Aurangzeb praised the bank’s continuous support for Pakistan’s development, particularly in bolstering disaster safety measures.

- Advertisement -

The discussion also focused on strategies for increasing Pakistan’s revenues, enhancing regional cooperation, and expediting the completion of the ADB office in Islamabad. Aurangzeb expressed optimism for the swift implementation of the ADB’s country partnership framework.

The ADB board will review Pakistan’s request for further funding in a meeting scheduled for October 29.

- Advertisement -

Stay updated with the latest and breaking news directly on your mobile phone by joining Headline PK's WhatsApp group!

 

 

Latest stories

-Advertisement-

Highlights of the Week
Related

MOL Pakistan Donates Ambulances to the District Administration of Karak and Kohat

MOL Pakistan has reaffirmed its commitment to strengthening healthcare...

Pakistan to Witness Nearly 7 Million Animal Sacrifices on Eid-ul-Adha

Pakistan is expected to witness the sacrifice of more...

inDrive.Delivery launches Business Mode with enhanced package coverage

inDrive.Delivery, a fair-play courier service by inDrive, has launched...
-Advertisement-
Join our Whatsapp Group for Exclusive News!
Join our Whatsapp Group for Exclusive News!