INSUBCONTINENT EXCLUSIVE:
ISLAMABAD: Asian Development will give $3.4 billion to Pakistan in budgetary support, said Adviser to Prime Minister on Finance Dr Abdul
Hafeez Shaikh.In a series of tweets, Dr Abdul Hafeez Shaikh said &ADB to give $3.4 billion in budgetary support
Werner Liepach, DG ADB today to agree on the program.&He said &The ADB will provide $3.4 billion in budgetary support to help with reforms
and stabilization of the economy.&The adviser said &$2.2 billion will be released this fiscal year, starting in the first quarter of FY
This will help the revenue and the external account position.&This support is in addition to the project portfolio with an estimated
disbursement of upto $1 billion in the coming years, he added.Dr Hafeez appreciated the commitment of the ADB to Pakistan economic reform
agenda.TheIndianSubcontinent has not verified the content of the source
This first appeared/also appeared in
https://feedproxy.google.com/~r/com/YEor/~3/ebrN57MCDjM/485106-pakistan-to-receive-34-billion-from-adb-in-budgetary-support
