US EditionADB Approves $540 Million for Pakistan’s SEO Reforms and Climate Project
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ADB approves $540 million for Pakistan’s SEO reforms and climate project
The Asian Development Bank (ADB) has approved two projects totaling $540 million to support reforms in Pakistan’s state-owned enterprises and to strengthen disaster resilience in the coastal districts of Sindh. The package includes a $400 million results-based loan for the SOE Transformation Program and a $140 million concessional loan for the Sindh Coastal Resilience Sector Project. According to an ADB statement, the SOE reform program marks a …
ADB Upgrades Pakistan’s Economic Growth Forecast for 2025-26
The Asian Development Bank (ADB) has upgraded Pakistan’s economic growth projections for 2025 and 2026, citing stronger-than-expected fourth-quarter performance, easing inflation, and a milder impact from the June 2025 floods. The move reflects improving economic fundamentals despite lingering uncertainties. ADB’s latest report, Asian Development Outlook: Growth steadies but uncertainty lingers, notes that Pakistan’s GDP estimate […] The post AD…
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