The Asian Development Bank will lend 5.4 billion dollar to Pakistan in three years
The Asian Development Bank (ADB) will provide a loan of 5.4 billion to Pakistan over the next three years.
The ADB, in its 5-year Country Partnership Strategy, said that Pakistan’s economy could be affected by the Corona virus.
According to the bank, the corona virus is likely to increase poverty and unemployment.
A loan of 60 3.6 billion will be provided by the Asian Development Bank for routine operations.
In addition, a concessional loan of 1.8 billion dollar will be given to Pakistan, along with an additional grant of 50 5 million.