Asian Bank Provides Pakistan with $2.35 Billion in 2023

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The Asian Development Bank has initiated 3 projects in Pakistan to assist in promoting trade. In its annual report, the bank stated that Pakistan will be provided with $2.35 billion by the year 2023. The funding includes $1.81 billion in loans and grants, and $52.41 million in co-financing. During this period, the Asian Development Bank has started 3 projects in Pakistan to support trade promotion. Pakistan has also implemented programs to increase the tax base, digitize the tax system, improve debt management, and address environmental changes, which are expected to yield positive results.

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