{"id":7461,"date":"2019-10-09T14:24:58","date_gmt":"2019-10-09T09:24:58","guid":{"rendered":"http:\/\/umang.pk\/2019\/10\/asian-development-bank-to-provide-2-7bn-to-pakistan-in-2019-pakistan\/"},"modified":"2019-10-09T14:24:58","modified_gmt":"2019-10-09T09:24:58","slug":"asian-development-bank-to-provide-2-7bn-to-pakistan-in-2019-pakistan","status":"publish","type":"post","link":"https:\/\/umang.pk\/ur\/2019\/10\/09\/asian-development-bank-to-provide-2-7bn-to-pakistan-in-2019-pakistan\/","title":{"rendered":"Asian Development Bank to provide $2.7bn to Pakistan in 2019 – Pakistan"},"content":{"rendered":"

\"\"<\/p>\n

\n

The Asian Development Bank (ADB) announced Wednesday that the regional bank will provide $ 2.7 billion in approved financing to Pakistan during the outgoing calendar year.<\/p>\n

The ABD, through a tweet, also announced that, under the recently approved Country Operations Plan (COBP) 2020-2022, it will increase the average loans to the country to $ 2.4 billion a year, showing a huge increase in $ 1.4 billion on average from 2015 to 2018.<\/p>\n

\n<\/figure>\n

According to the ADB, it will take advantage of the country's loans by mobilizing cofinancing and financing from other sources, including regional concessional resources. <\/p>\n

"The new COBP will support Pakistan's development goals and complement the efforts of other development partners," he added.<\/p>\n

\n<\/figure>\n

On Monday, the Manila-based loan agency said it had approved a $ 200 million loan as additional financing to support the Benazir Income Support Program (BISP).<\/p>\n

A press release issued by the ADB noted that an ADB-funded social protection development project, approved in 2013, had allowed the registration of more than 855,000 BISP beneficiaries.<\/p>\n

In early July, the ADB had announced extending indicative loans of up to $ 10 billion to Pakistan for several development projects and programs over the next five years.<\/p>\n

The bank said it had a series of consultations with countries to formulate a new Country Partnership Strategy (CPS), which will guide ADB's participation in the country from 2020 to 2024. The purpose of the ADB 5-year CPS is to define priorities and support Pakistan Development of goals. The new strategy will also complement the efforts of other development partners.<\/p>\n<\/p><\/div>\n<\/pre>\n<\/pre>\n

Source: https:\/\/www.dawn.com\/news\/1509901\/asian-development-bank-to-provide-27bn-to-pakistan-in-2019<\/p>\n","protected":false},"excerpt":{"rendered":"

The Asian Development Bank (ADB) announced Wednesday that the regional bank will provide $ 2.7 billion in approved financing to Pakistan during the outgoing calendar year. The ABD, through a tweet, also announced that, under the recently approved Country Operations Plan (COBP) 2020-2022, it will increase the average loans to the country to $ 2.4 […]<\/p>\n","protected":false},"author":1,"featured_media":7462,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[11828],"tags":[],"class_list":["post-7461","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pakistan"],"_links":{"self":[{"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/posts\/7461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/comments?post=7461"}],"version-history":[{"count":0,"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/posts\/7461\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/umang.pk\/ur\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/media?parent=7461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/categories?post=7461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/tags?post=7461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}