ADB

Pakistan Gets $330 Million Loan from ADB Amid World Bank’s $500 Million Loan Cancellation

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Pakistan

Pakistan recently secured a $330 million loan from the Asian Development Bank (ADB) to fund the Integrated Social Protection Development Programme (ISPDP). However, this positive development comes against the backdrop of a significant financial setback as the World Bank canceled a $500–600 million loan. This mixed scenario underscores the challenges Pakistan faces in securing external … Read more

ADB Suggests Pakistan to Adopt India’s ULLAS Scheme for Their Education System

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ADB

ADB has recommended that Pakistan consider India’s ULLAS scheme to address the growing challenges in its education system. The Asian Development Bank (ADB), responding to Pakistan’s request for financial assistance, pointed out the urgent need for a transformative approach to improve educational access, especially for the millions of out-of-school children. The bank believes that the … Read more