ADB approves $250 million loan to boost public-private partnerships in Pakistan

ADB approves $250 million loan to boost public-private partnerships in Pakistan

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Wed, 2024-06-05 21:02

ISLAMABAD: The Asian Development Bank (ADB) said on Wednesday it has approved a $250 million loan for driving investments in Pakistan through public-private partnerships (PPPs), in its bid to encourage the country in fulfilling its development goals. 

The regional development bank has committed over $52 billion to Pakistan, one of its founding members, since 1966 in public and private sector loans, grants, and other forms of financing to promote inclusive economic growth in the country. 

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Read the full story at the Arab News Pakistan website.