Abb Takk News

ADB Approves $500 Million for Pakistan

ISLAMABAD: The Asian Development Bank (ADB) on Wednesday has approved a $500 million loan for Pakistan to support and improve the country’s trade competitiveness and exports.

The loan will also work as a defense for Pakistan against external shocks and help finance the country’s trade deficit.

The ADB also approved a $750,000 technical assistance package to support the preparation and implementation of the program.