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Tag Archives: ADB funds

Pakistan secures $1bn financing from ADB

Aftab Maken ISLAMABAD:  The Ministry of Finance has finalized a syndicated term finance facility of USD 1 billion. The landmark financing agreement, backed partially by a Policy-Based Guarantee from the Asian Development Bank (ADB), comes under ADB’s flagship reform program titled “Improved Resource Mobilization & Utilisation Reform”, aimed at enhancing …

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