INSUBCONTINENT EXCLUSIVE:
ISLAMABAD: Asian Development Bank (ADB) has distanced itself from Pakistan government claims of lending $3.4 billion loan to Pakistan in
budgetary support.ADB country director for Pakistan Xiaohong Yang said in a statement &These discussions are ongoing and the details of the
plans as well as the volume of the ADB financial support, once finalised, will be contingent upon the approval of the ADB management and its
board of directors.&In a series of tweets on Saturday, Adviser to Prime Minister on Finance Dr Abdul Hafeez Shaikh had 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.&TheIndianSubcontinent has not verified the content of the source
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