Asian Development Bank's big announcement for Pakistan

Asian Development Bank’s big announcement for Pakistan

ISLAMABAD: The Asian Development Bank has announced to give 2.5 billion dollars to Pakistan for flood relief support.

According to the details, the Asian Development Bank will give two billion fifty million dollars to Pakistan for flood relief support. Asian Development Bank’s big announcement for Pakistan

ADB Country Director Yong Yee made the announcement after a meeting with Finance Minister Ishaq Dar, a statement from the Ministry of Finance said.

The Ministry of Finance said that ADB will provide $2.3 billion to $2.5 billion in flood relief to Pakistan. Asian Development Bank’s big announcement for Pakistan

According to the Ministry of Finance, one tenth of five billion dollars will be given in the form of building resilience with active counter-cyclical expenditure.

The decision will be taken this month after the approval of the A Day B board.

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