ADB to provide loan for energy sector reforms, urban infrastructure
The Asian Development Bank (ADB) will provide a $1.54b loan for energy sector reforms, urban infrastructure, social protection and water resources. Federal Minister For Economic Affairs Omar Ayub Khan witnessed the signing of six Financing Agreements amounting to US$ 1,543 million between Economic Affairs Division (EAD), Government of Pakistan and Asian Development Bank. The financing agreements include $300 million policy-based loan to support financial, technical and governance reforms to strengthen Pakistan’s energy sector, $385 million financing agreement to improve urban infrastructure ...
Source: samaa.tv