Pakistan

Pakistan to receive $3.4 billion from ADB in budgetary support

   Download Android App    Share in      FullScreen   CheckVideos

ISLAMABAD: Asian Development will give $3.4 billion to Pakistan in budgetary support, said Adviser to Prime Minister on Finance Dr Abdul Hafeez Shaikh.In a series of tweets, Dr Abdul Hafeez Shaikh said &ADB to give $3.4 billion in budgetary support.
I had a meeting with Mr.
Werner Liepach, DG ADB today to agree on the program.&He said &The ADB will provide $3.4 billion in budgetary support to help with reforms and stabilization of the economy.&The adviser said &$2.2 billion will be released this fiscal year, starting in the first quarter of FY 2019-20.
This will help the revenue and the external account position.&This support is in addition to the project portfolio with an estimated disbursement of upto $1 billion in the coming years, he added.Dr Hafeez appreciated the commitment of the ADB to Pakistan economic reform agenda.TheIndianSubcontinent has not verified the content of the source.
This first appeared/also appeared in https://feedproxy.google.com/~r/com/YEor/~3/ebrN57MCDjM/485106-pakistan-to-receive-34-billion-from-adb-in-budgetary-support




Unlimited Portal Access + Monthly Magazine - 12 issues

Contribute US to Start Broadcasting - It's Voluntary!

ADVERTISE

Merchandise (Peace Series)

 

[Pakistan] - Unity among Muslim countries 'important': President Pezeshkian tells Naqvi

[Pakistan] - UK introduces eVisa for the majority of Pakistani applicants

[Pakistan] - Assault case against Salman Farooqui closed as complainant backs out

[Pakistan] - Drugs 'worth as much as Rs7bn' seized in Arabian Sea operations

[Pakistan] - 'Cloudburst' wreaks havoc in Hyderabad, leaves 3 dead

[Pakistan] - No solo Iraq travel for Pakistani pilgrims from 2026

[Pakistan] - Monsoon rains claim 111 lives in Pakistan because late June

[Pakistan] - Five foreigners remanded over unlawful Islamabad call centre

[Pakistan] - 'Not a police': Govt on freshly designated Federal Constabulary

[Pakistan] - ECP reserves verdict in KP seats allowance case

Nawaz's close confidant criticises govt's sugar import move

Karachi top cop explains mystery surrounding death of actor Humaira Asghar

[Pakistan] - Sanaullah flays PTI for seeking talks with establishment, calls demonstration drive destabilisation effort

[Pakistan] - Drizzle likely in Karachi amid cloudy skies

[Pakistan] - JUI-F chief's more youthful sibling answers Gandapur's call for election face-off

[Pakistan] - Opposition's KP endgame goes into final phase in the middle of wave of talks

[Pakistan] - DPM Dar to check out China for SCO CFM conference, states FO

Five PTI MNAs expelled from party for supporting 26th Constitutional Amendment

[Pakistan] - Govt, opposition talks remain inconclusive on Punjab MPAs disqualification

[Pakistan] - Frontier Constabulary to be revamped as 'across the country federal force'

KP Cities Improvement project hit by 'Rs32bn financial irregularities'

Bus-car collision claims lives of five family members in Bahawalpur

[Pakistan] - Sindh police personnel cautioned to stop gutka or face disciplinary action

Lahore man apologises over viral offensive video against Punjab govt

[Pakistan] - Sindh Police form query body to probe actor Humaira Asghar's death

[Pakistan] - PTI's 'do or pass away' anti-govt motion to decide future course of action: Gandapur

[Pakistan] - Pakistan under no US pressure to normalise ties with Israel: envoy

On Kashmir Martyrs' Day, PM vows continued support for freedom struggle

[Pakistan] - Burglars snatch WWII-era antiques from DG Karachi parks workplace

[Pakistan] - KP CM reveals beginning of PTI's anti-govt motion from Lahore

[Pakistan] - PM Shehbaz reaffirms govt's willpower to achieve economic prosperity through 'bold reforms'

IHC strikes down car confiscation, slams Excise Dept's misuse of rules

Fazl suggests KP change — only through PTI's own ranks

[Pakistan] - SJC refuses to call judges cleared of complaints

Pakistan, Bahrain agree to enhance security cooperation

Negotiation committees formed over Punjab MPAs disqualification reference

[Pakistan] - Punjab brings back Grade 8 exams to 'enhance education quality'

Water, power outage protest triggers traffic jam in Karachi's Punjab Colony

Major terror attempt on Lakki Marwat police station thwarted

[Pakistan] - Policeman passes away, Rangers personnel hurt in Karachi over 'individual conflict'

[Pakistan] - Top judicial forum kinds panel on enforced disappearances

[Pakistan] - MQM founder Altaf Hussain hospitalised in London

[Pakistan] - Imran Khan's children within law's reach: Kundi

[Pakistan] - UAE DPM guarantees Naqvi of addressing visa-related issues

India facing international isolation due to its aggressive policies: DPM Dar

[Pakistan] - New spell of monsoon rains most likely to hit Pakistan from today

CM Bugti says no mercy for terrorists after passenger killings in Balochistan

[Pakistan] - Lahore woman reserved for torturing, eliminating animals

[Pakistan] - Rana Sanaullah verifies continuation of PPP-PML-N union

Flash flood, GLOF alerts issued for GB, upper KP

[Pakistan] - 9 guests eliminated after kidnapping from Quetta-Lahore bus

[Pakistan] - ANP Leader amongst two shot dead in Bajaur shooting

[Pakistan] - Nine susceptible Lyari buildings abandoned, one being demolished: minister

[Pakistan] - Pakistan-Russia freight train anticipated to be launched in August

[Pakistan] - Military commanders promise to dismantle India-sponsored terror networks

Five killed across Punjab as torrential rain wreaks havoc

[Pakistan] - PM directs restructuring of National Tariff Commission

PM commends Qatari royal for summiting Nanga Parbat

[Pakistan] - Jemima knocks govt over hazard to Imran's children

[Pakistan] - Naqvi dismisses rumours of Zardari's ouster, COAS considering presidency

[Pakistan] - Siddiqui states Imran wishes to bring his sons into politics

[Pakistan] - Actor Humaira Asghar likely died numerous months ago: police

[Pakistan] - Another Karachi youth falls victim to street criminal offense

[Pakistan] - Pakistan taps UAE know-how to modernise public sector

[Pakistan] - Veteran reporter Zubeida Mustafa passes away at 84

[Pakistan] - Pakistan's actions to root out terrorism internationally recognised, states Bilawal

[Pakistan] - Pakistan, Turkiye reaffirm commitment to increase ties, target $5bn trade volume

[Pakistan] - Nobody can target Pakistan's nuclear programme, says DG ISPR

[Pakistan] - Drone attacks eliminate one, injure 3 in KP's Bannu

[Pakistan] - US asserts Trump's function in Pakistan ceasefire in response to India's denial

[Pakistan] - Chief justices of all four high courts take oath

[Pakistan] - Imran sets Aug 5 deadline for protest escalation

Qatari royal becomes Pakistan's tourism ambassador

[Pakistan] - School van falls into gorge, leaves 26 hurt in (IOKP)Unlawfully Inhabited Kashmir by Pakistan

[Pakistan] - Islamabad court blocks 27 YouTube channels

[Pakistan] - PPP dismisses speculations declaring President Zardari's elimination from workplace

[Pakistan] - Not possible to house everybody from hazardous structures, states Sindh minister

[Pakistan] - 'Afghanistan must not become reproducing ground for terrorists', Pakistan tells UN

Peshawar house fire kills four, injures three

Pakistan's Nobel Peace Prize bid for Trump draws White House recognition

Pakistan, Afghanistan recognise terrorism as threat to regional peace

President Zardari approves permanent chief justices for all high courts

[Pakistan] - Rs40bn financial irregularities unearthed at Karachi's NICVD

Sweden to reopen visa services in Pakistan

Vulnerable citizens urged to prepare emergency kits amid flood warning

[Pakistan] - Punjab wildlife authorities take African lion unlawfully kept at home

Senators clash over proposal to add reproductive health to school syllabus

Field Marshal Munir rubbishes India's claims of China support as 'shoddy attempt'

Tourists ignored warning, entered River Swat via alternate route: report

[Pakistan] - Sindh govt to destroy 51 dilapidated structures in Karachi after survey

[Pakistan] - Punjab Assembly speaker safeguards disqualification recommendation against MPAs as constitutional

[Pakistan] - Cloudy skies, drizzle anticipated in Karachi

[Pakistan] - Verify building approvals before buying flats, says CM Murad after Lyari catastrophe

Gaza's injured children get lifeline from Pakistani prosthetics startup

[Pakistan] - India quietly confirms Rafale pilot deaths as posthumous awards announced

[Pakistan] - 27 dead as Lyari structure collapse rescue ends after 60 hours

[Pakistan] - HEC chief blames bad governance for Pakistani universities' decreasing rank

Over 70 killed, 130 injured in floods, rains in Pakistan in 10 days: NDMA

[Pakistan] - Karachi building collapse no 'less than an end ofthe world'

Authorities evacuate 'unsafe' building to avert another tragedy

Last rites of Karachi building collapse victims offered as rescuers search for more

[Pakistan] - Tight security in location as nation observes Youm-e-Ashur

Sanaullah opposes using 'hybrid setup' term for PML-N-led govt

[Pakistan] - Peaceful processions held across nation to observe 9th Muharram

[Pakistan] - Defence czar declines India's claims that China provided 'live inputs' to Pakistan

Over a dozen big cats seized in Punjab after lion attack injures three

[Pakistan] - Naqvi declines rumours of President Zardari's ouster, 27th amendment

Dar dismisses reports of Nawaz planning to meet jailed Imran as 'wish list'

Details
Category: Pakistan