Ukrainian President Volodymyr Zelenskyy praised the EU’s €90 billion loan on Friday, calling it a “major boost” for Kyiv. He said the funding would help cover Ukraine’s looming budget shortfalls and strengthen the country’s defence capabilities. The president described the support as crucial for sustaining both military and economic resilience. Read more: Ukraine’s Zelenskyy on elections: ‘Pressure […]
Budget Support
ADB offers Pakistan additional loans for reforms and budget support
ISLAMABAD: The Asian Development Bank (ADB) has offered Pakistan additional loans to support institutional reforms, capacity building, and budgetary assistance. The offer was made during a meeting with Finance Minister Muhammad Aurangzeb, alongside an ADB delegation led by Country Director Emma Fan and Director General Leah Gutierrez. Read More: ADB okays $48m loan for Balochistan water resources development […]
ADB Loans Pakistan Back Reforms, Budget Support
The Asian Development Bank offered new ADB loans Pakistan needs for reforms and budget support. The offer came during talks in Islamabad. Officials discussed strengthening institutions and improving public finances. The move builds on existing support. ADB leaders said Pakistan remains a key partner. They noted ADB loans Pakistan already total nearly 17 billion dollars. […]