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Asian Development Bank approves $800 million financing for PakistanPakistan had secured a $7 billion bailout programme from the IMF last year, and a new $1.4 billion arrangement in May under a climate resilience fund.
Reuters
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<div class="paragraphs"><p>The&nbsp;Asian Development Bank</p></div>

The Asian Development Bank

Credit: X/@ADBPresident

The Asian Development Bank approved a $800 million programme for Pakistan to strengthen the South Asian country's public financial management, the lender said in a statement on Tuesday.

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Pakistan had secured a $7 billion bailout programme from the IMF last year, and a new $1.4 billion arrangement in May under a climate resilience fund.

More to follow...

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(Published 03 June 2025, 16:24 IST)