Latest Asian Development Bank Headlines and News updates

Pakistan Railways to launch Karachi-Lahore bullet train by 2030 under CPEC

Railways Minister Hanif Abbasi says project will be part of $6.8 billion Main Line-1 (ML-1) up gradation, spanning 1,215 kilometers from Karachi to Peshawar

Pakistan Railways to launch Karachi-Lahore bullet train by 2030 under CPEC

Railways Minister Hanif Abbasi says project will be part of $6.8 billion Main Line-1 (ML-1) up gradation, spanning 1,215 kilometers from Karachi to Peshawar

Pakistan Railways to launch Karachi-Lahore bullet train by 2030 under CPEC

Railways Minister Hanif Abbasi says project will be part of $6.8 billion Main Line-1 (ML-1) up gradation, spanning 1,215 kilometers from Karachi to Peshawar

Pakistan Railways to launch Karachi-Lahore bullet train by 2030 under CPEC

Railways Minister Hanif Abbasi says project will be part of $6.8 billion Main Line-1 (ML-1) up gradation, spanning 1,215 kilometers from Karachi to Peshawar

CM Maryam Nawaz Visits Japan, Punjab Government Decides to Learn from Japan’s Experience for Modern Urban Development.

Yokohama and Punjab have agreed on 'city-to-city' cooperation in various fields including environment protection and providing modern development systems to cities, said Chief Minister Punjab Maryam Nawaz Sharif during her visit to Japan's commercial, economic and cultural center Yokohama

Pakistan’s economy grows by 2.7% in FY2024-25 amid declining inflation: ADB

DIB arranges $1 billion sovereign financing for Government of Pakistan

Pakistan, ADB sign $350 million loan agreement

Pakistan, ADB sign $350 million for women economic empowerment

The Government of Pakistan and Asian Development Bank (ADB) on Tuesday signed a landmark $ 350 million loan agreement for the “Women Inclusive Finance Sector Development Program (Subprogram-II)”. Statements were made from both sides

Sindh govt, ADB agree to work together on TP-4 in city, water, sanitation schemes

Sindh Chief Minister Syed Murad Ali Shah on Tuesday held a high-level meeting with the Asian Development Bank (ADB) Country Director Ms Emma Fun and agreed to collaborate on advancing key development projects in Sindh, including the Treatment (TP-4) initiative aimed at improving water quality and expanding infrastructure in both rural and urban areas

Commissioner Mardan Division, Nisar Ahmad directs recovery of outstanding agriculture loans

Commissioner Mardan Division, Nisar Ahmad on Monday directed revenue officers to develop a comprehensive strategy, in consultation with Agricultural Development Bank (ADB) officials, for the recovery of outstanding agricultural loans

Budget 2025–26 balanced: targets relief, fiscal balance, export-led growth: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb said on Monday that the budget for fiscal year 2025–26 was a balanced plan focused on providing public relief, promoting industry, curbing government expenditures, enhancing revenues, and ensuring fair tax enforcement—all aimed at fostering sustainable growth and driving an export-led economy

PTDC named official tourism partner for upcoming FIDIC conference

The Pakistan Tourism Development Corporation (PTDC) has been designated as the official tourism partner for the upcoming FIDIC Asia Pacific Mid-Year conference scheduled to take place from 15 to 17 July here

Ministry of finance signs $1,000 million, 5-year long term financing facility

The Ministry of Finance has signed a syndicated term finance facility of $1,000 million partially guaranteed by a Policy Based Guarantee of the Asian Development Bank's (ADB) Program “Improved Resource Mobilization and Utilisation Reform”

WASA urges residents to use water judiciously

The Water and Sanitation Agency (WASA)has urged the residents to use water judiciously as the water level was sharply decreasing in Khanpur Dam

Pakistan to host Regional Transport Ministerial Conference in October: Aleem Khan

Pakistan has decided to host a 2-Day Regional Transport Ministerial Conference in October 2025 which will bring together key regional stakeholders. China, Russia, Turkey, Azerbaijan and Central Asian States will be invited to attend this summit

KP prepares Rs177.52bln development budget 2025-26 for 50 projects

The Khyber Pakhtunkhwa (KP) government has finalized a development budget of Rs177.52 billion for the upcoming fiscal year to fund 50 major projects in collaboration with international donor agencies

Govt slashes additional customs duties on 4,000 tariff lines to boost exports, says Finance Minister

In a major step toward structural reform, the federal government has eliminated additional customs duties on 4,000, out of 7,000 total tariff lines, and reduced duties on a further 2,700, Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb announced on Wednesday

Aurangzeb confirms Eurobond repayments, announces Panda Bond launch

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb said here Wednesday that the government was prepared to make the first installment payment of $500 million on Eurobonds due in September this year

Rs. 7,150m earmarked for Revenue Division projects in PSDP 2025-26

ADB, CGIAR, Gates Foundation partner to transform rice sector in Asia, Pacific

Pakistan, ADB signed landmark $ 300 million, ”Subprogram II” loan

Pakistan and Asian Development Bank (ADB) on Wednesday signed a landmark USD$ 300 million “Improved Resource Mobilization And Utilization Reform Program (Subprogram II)” loan agreement

Asian Development Bank approves $800 million to support fiscal reforms in Pakistan

ADB approves $800 mln program to boost Pakistan’s public finance

The Asian Development Bank (ADB) on Tuesday approved an $800 million program to strengthen fiscal sustainability and improve public financial management in Pakistan