The headquarters of the Asian Development Bank in Manila. – AFP / File The package includes a loan based on policies of $ 300 million. Guarantee of $ 500 million to mobilize funding up to $ 1 billion. The program focuses on tax reform and digitization. Karachi: The Asian Development Bank (AfDB) approved a funding … Read more
Islamabad: The World Bank (WB) recently approved additional funding for Pakistan, $ 108 million to execute two projects supporting social services, markets and jobs in Khyber-Pakhtunkhwa. The international lender granted additional $ 78 million funding to KHYBER-PAKHTUNKH Rural Accessibility Project (KPRAP); And $ 30 million at the KP Integrated Tourism Development Project (Kite), allowing two … Read more
World Bank group written on a display. – AFP / File Kite Project encouraging responsible tourism, explains Kiran. Financial grant to “allow projects” to achieve objectives. Kite financing to help improve the tourism sector, explains WB. Islamabad: The World Bank approved $ 108 million in additional funding at the Khyber Pakhtunkh Rural Accessibility Project (KPRAP) … Read more
Listen to the article Kuwait has extended its oil credit ease in Pakistan for two years, marking a deepening of bilateral cooperation in the energy sector. The announcement was made at a meeting between Kuwaiti Ambassador Nassarrahman J. Almutairi and Federal Oil Minister Ali Pervaiz Malik in Islamabad in Islamabad. According to a press release … Read more