INSUBCONTINENT EXCLUSIVE:
ISLAMABAD: Xiaohong Yang, Country Director, Asian Development Bank (ADB) called on Muhammad Hammad Azhar, Federal Minister for Economic
Affairs.Yang congratulated Azhar on his appointment as Federal Minister
Minister for Economic Affairs acknowledged the ADB support for Pakistan and discussed key priority areas and new avenues for future
The minister reiterated that the government was keen to explore innovative financing models and mobilize investment in infrastructure and
These initiatives will not only provide fiscal space to the government but also help boost economic activities in the country
He also urged the ADB to scale up its lending to Pakistan including programme lending and project financing
Yang said that ADB and Pakistan had successfully met many development challenges
She assured the Minister of the Bank support in the priority sectors as identified by the present government
Yang also briefed the minister on ADB ongoing interventions and pipeline projects
She updated the Minister about the ADB Programme Lending and Special Policy-Based Loan including Trade - Competitiveness Programme, Energy
Sector Resilience Programme and Capital Market Reforms Program
ADB is committed to expanding this partnership to increase prosperity of the people of Pakistan, she added
The Country Director thanked the minister and reiterated ADB commitment to further strengthen and expand its partnership with
Pakistan.TheIndianSubcontinent has not verified the content of the source
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