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Home Articles Asian Development Bank
Pakistan to repay foreign debt, old dues \
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Pakistan to repay foreign debt, old dues

 03-Dec-2022
According to The Express Tribune citing Optimus Capital Management, Pakistan is scheduled to pay the foreign debt and bear debt servicing costs worth USD 26.3 billion over the 12-month period (November to October).
03-Dec-2022 World
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Pakistan’s default risk increases sharply amid uncertainty about talks with IMF \
4 min read
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Pakistan’s default risk increases sharply amid uncertainty about talks with IMF

 18-Nov-2022
The credit-default swaps increased and reached 75.5 per cent on Wednesday from 56.2 per cent, Dawn cited data circulated by research firm Arif Habib limited.
18-Nov-2022 World
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Pakistan admits USD 30 bn flood loss assessment flawed \
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Pakistan admits USD 30 bn flood loss assessment flawed

 18-Nov-2022
The floods affected 33 million people and more than 1,730 lost their lives. They are particularly impacting the poorest and most vulnerable districts. The situation is still evolving, with flood waters stagnant in many areas, causing water-borne and vector-borne diseases to spread, and more than 8 million displaced people now facing a health crisis.
18-Nov-2022 World
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PML-N leaders express concern over Pakistan’s economic situation: Report \
7 min read
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PML-N leaders express concern over Pakistan’s economic situation: Report

 17-Nov-2022
The committee held a meeting under the chairmanship of Qasier Ahmed Sheikh. Members of the National Assembly from PML-N have expressed concerns over the continuous increase in inflation rate and higher dollar value.
17-Nov-2022 World
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ADB approves USD 500 million loan to support Indonesia’s financial inclusion reforms \
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ADB approves USD 500 million loan to support Indonesia’s financial inclusion reforms

 16-Nov-2022
The ADB loan will help enhance access to financial services for vulnerable groups, most notably micro, small, and medium-sized enterprises (MSMEs); women; youth; and those living in rural areas, ADB said in a statement on Tuesday.
16-Nov-2022 Business
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COP27: ADB approves USD 15 mln assistance for green projects in Southeast Asia \
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COP27: ADB approves USD 15 mln assistance for green projects in Southeast Asia

 10-Nov-2022
It will help countries to mobilize financing for nationally determined contributions by improving investment planning, identifying and developing projects, and building country capacity to accelerate a pipeline of green projects for the region.
10-Nov-2022 Business
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Reliance Industries appoints KV Kamath as independent director \
3 min read
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Reliance Industries appoints KV Kamath as independent director

 04-Nov-2022
During a meeting on Friday, the RIL's board of directors, based on the recommendation of the human resources, nomination and remuneration committee, considered and recommended to shareholders for approval of the appointment.
04-Nov-2022 Business
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China to push hard on its bargain on debt matters with Pakistan \
2 min read
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China to push hard on its bargain on debt matters with Pakistan

 04-Nov-2022
China will push hard on its bargain on Pakistan's demand for rescheduling of its debt, reported Inside Over.
04-Nov-2022 World
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Pakistan needs USD 16 Bn to build back as losses due to flash floods cross over USD 30 Bn \
3 min read
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Pakistan needs USD 16 Bn to build back as losses due to flash floods cross over USD 30 Bn

 29-Oct-2022
Losses due to devastating floods in Pakistan have surpassed USD 30 Billion in the country as the monsoon rains have washed away roads, crops, infrastructure and bridges, killing over 1,000 people and affecting more than 33 million
29-Oct-2022 World
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ADB pledges USD 14 billion for food security in Asia and Pacific by 2025 \
3 min read
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ADB pledges USD 14 billion for food security in Asia and Pacific by 2025

 28-Sep-2022
Manila [Philippines], September 28 (ANI): The Asian Development Bank (ADB) has announced it plans to provide at least USD 14 billion over 2022-2025 as support to ease a "worsening food crisis" in Asia and the Pacific.
28-Sep-2022 Business
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