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Pakistan successfully tests first indigenous Fa’az air-to-air missile, military says Winter smog may accelerate skin aging, experts warn of wrinkles and spots Federal Govt cuts petrol price by Rs5.45 per litre Elon Musk leads billionaire donors backing Republican candidates Pakistan leads global YouTube race with 560 million daily views Security forces kill 17 militants and foil blockade in twin Balochistan operations says ISPR US midterm polling faces technical and weather-related disruptions No relaxation on 2D barcode enforcement, warns Health Minister Mustafa Kamal Trump privately fears Democrats could take control of Congress, report says Jennie makes animated film debut with award-nominated Netflix track 33 countries issue emergency stockpiling guidelines for citizens Pakistan to hold Rs1500 prize bond draw in Hyderabad on Nov 16 Two policemen martyred in attack on anti-polio campaign in KP Jerry Fort's final wish to play GTA 6 ends in heartbreak Karoline Leavitt calls upcoming US midterms “most important” in American history Maryam Nawaz unveils 127 Attock projects, challenges Chaudhry Salik over corruption claims PM Shehbaz Sharif calls high-level meeting to review situation in KP US consortium proposes $4.4 billion LNG project in Pakistan Pakistan successfully tests first indigenous Fa’az air-to-air missile, military says Winter smog may accelerate skin aging, experts warn of wrinkles and spots Federal Govt cuts petrol price by Rs5.45 per litre Elon Musk leads billionaire donors backing Republican candidates Pakistan leads global YouTube race with 560 million daily views Security forces kill 17 militants and foil blockade in twin Balochistan operations says ISPR US midterm polling faces technical and weather-related disruptions No relaxation on 2D barcode enforcement, warns Health Minister Mustafa Kamal Trump privately fears Democrats could take control of Congress, report says Jennie makes animated film debut with award-nominated Netflix track 33 countries issue emergency stockpiling guidelines for citizens Pakistan to hold Rs1500 prize bond draw in Hyderabad on Nov 16 Two policemen martyred in attack on anti-polio campaign in KP Jerry Fort's final wish to play GTA 6 ends in heartbreak Karoline Leavitt calls upcoming US midterms “most important” in American history Maryam Nawaz unveils 127 Attock projects, challenges Chaudhry Salik over corruption claims PM Shehbaz Sharif calls high-level meeting to review situation in KP US consortium proposes $4.4 billion LNG project in Pakistan

ADB approves $400m loan for Pakistan

ADB approves $400m loan for Pakistan  

ISLAMABAD: The Asian Development Bank (ADB) approved a loan of $400 million for Pakistan for rehabilitation of flood affected people and provision of basic health facilities.

The loan amount of $40 million will be spent on construction of flood-affected houses, infrastructure in Pakistan and  basic health facilities will be restored in Sindh under the project.

According to the Asian Development Bank, in 2022 floods affected 33 million people in Pakistan, 2.1 million houses were completely or partially destroyed.

The Asian Development Bank said that despite the passage of 2 years, many victims are forced to live in temporary homes or shelters.

[embedpost slug="adb-delegation-calls-on-cm-kp-gandapur"]

Earlier, A delegation of Asian Development Bank (ADB) met with Chief Minister Khyber Pakhtunkhwa Ali Amin Gandapur here at CM Secretaria.

Apart from Additional Chief Secretary Planning, Administrative Secretaries of concerned departments and other officials were also present in the meeting.

Both discussed in details issues related to the ongoing important development projects in various sectors in collaboration with the Asian Development Bank in the province.

The ADB is supporting Khyber Pakhtunkhwa in different sectors include road infrastructure, water, agriculture, energy, urban development and health.

A detailed discussion was also held on the progress on these development projects as per the timelines and the matters related to their timely completion.

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