ISLAMABAD: After receiving a new loan programme of $7 billion from the IMF, the way for funds from other international financial institutions has also been paved.
Pakistan is likely to receive $2.75 billion in budget support from the Asian Development Bank (ADB) over four years. According to government sources, Pakistan is likely to receive $800 million in budget support from the Asian Development Bank (ADB) this fiscal year, while it is estimated that Pakistan will receive $650 million of annual budget support from the ADB during the next three fiscal years.
According to sources, Pakistan is expected to receive $650 million in budget support from the Asian Development Bank every year from fiscal year 2025-26 to fiscal year 2027-28. After this, other international financial institutions have shown their confidence in Pakistan, which gives Pakistan better financing prospects in the coming years.
Last episode of the drama will be aired on Saturday night at 8 pm
Majority of PTI’s central leadership also decides to dissociate itself from Bushra Bibi’s statement
Pakistan’s debt situation has been worsening since 2008, but deteriorated at speed never witnessed since 2019
Report warns that without immediate regulatory and policy action, these burdens will intensify
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CM says frontline workers successfully vaccinated over 10.6 million children in recent campaigns