ADB assures Pakistan to approve $1.5 billion for BRACE 

Islamabad, October 16, 2022 (PPI-OT):Finance Minister Ishaq Dar held a meeting with President Asian Development Bank Masatsugu Asakawa. He thanked the President ADB for support provided over the years as a major development partner of Pakistan and also for the recent post flood commitments.

The ADB President assured the Finance Minister of approval of Balochistan Rural Development and Community Empowerment program amounting to US 1.5 billion dollars and of continued support to Pakistan. Meanwhile, the Finance Minister and Governor State Bank Jameel Ahmad met Queen Maxima of Netherlands on the sidelines of Annual meetings of IMF-WB to discuss financial inclusion and banking on equality. The two sides reiterated commitment to work together to achieve fast progress in the subjects discussed.

For more information, contact:
Ministry of Information and Broadcasting
Government of Pakistan
4th Floor, Cabinet Block, Pak. Secretariat, Islamabad, Pakistan
Tel: +92-51-9103557
Email: info@moib.gov.pk
Website: http://www.moib.gov.pk

Recent Posts