ISLAMABAD: The Asian Development Bank will provide $2.3 to 2.5 billion loan to Pakistan for flood relief, including $1.5 billion within the ongoing month.The ADB’s executive board is expected.
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ISLAMABAD, Feb. 25 (Gwadar Pro) - A webinar on Post-COVID Global Investment Climate and Opportunities for Pakistan was held on Wednesday. Participants, while being optimistic, deliberated and brainstormed ideas aimed at speedy economic recovery of Pakistan in the post-pandemic area. They also highlighted the challenges that Pakistan needed to address for a sustained economic growth.
H.E. Moin ul Haque, Ambassador of Pakistan to China, appreciated China s efforts and achievements in the global response to the epidemic, and thanked China for its support and assistance to Pakistan in the fight against the epidemic. “Timely measures taken by the Pakistani government including providing construction incentives, 10 Billion Tree Tsunami, etc have played a crucial role in combating COVID-19. The economy is showing signs of improvement. IT, banking, telecoms industry are developing robustly,” he said.