एशियाई विकास बैंक ने पाकिस्तान के लिए $ 1 बिलियन के आपातकालीन ऋण को मंजूरी दी

Asian Development Bank approves $1 billion emergency loan for Pakistan

Points to Remember:

  • The Asian Development Bank (ADB) has approved an emergency loan worth $1 billion for Pakistan.
  • The loan is part of a multi-donor economic reform programme led by the IMF to “shore up (Pakistan’s) public finances” and help strengthen its “slowing economy”, ADB said.
  • It also approved a $300 million policy-based loan for Pakistan for the country’s energy sector.

About Asian Development Bank:

  • Motto: Fighting Poverty in Asia and the Pacific
  • Formation: 19 December 1966
  • Headquarters: Philippines
  • Membership: 68 countries

About Pakistan:

  • Capital Islamabad
  • President: Arif Alvi
  • Prime Minister: Imran Khan
  • Currency: Pakistani rupee
Important Possible questions based on above News:
  1. The Asian Development Bank (ADB) has approved an emergency loan worth ___ for Pakistan. $1 billion
  2. Where is the headquarters of Asian Development Bank located? Philippines

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