ADB Executive Director Meets Ishaq Dar

News Image

MG News | October 17, 2017 at 08:18 PM GMT+05:00

0:00

Islamabad: October 17, 2017: Asian Development Bank (ADB) Executive Director, Mr. Sami Saeed on Tuesday called on Finance Minister Senator Mohammad Ishaq Dar at the Ministry of Finance and discussed matters related to ADB’s various projects and programmes in Pakistan.

The Minister was informed that due to the improved credit ratings of Pakistan and the economic reforms carried out by the government during the last 4 years, Asian Development Bank had increased their country exposure limit for private sector operations in Pakistan from US$700 million to US$1.7 billion. This would make available additional resources to the private sector in Pakistan. Executive Director ADB said that the disbursement of the contracted sovereign credits was currently at a historical level.

Minister Dar appreciated ADB’s continued support for development programmes in Pakistan. He recalled his recent meeting with the ADB President Mr. Takaheki Nakao in Urumqi, China and asked Mr. Sami Saeed to follow up with the ADB management to take the matters further in the light of the discussions held during the meeting.

Related News

Name Price/Vol %Chg/NChg
KSE100 138,597.36
256.32M
-0.05%
-68.14
ALLSHR 85,286.16
608.38M
-0.48%
-413.35
KSE30 42,340.81
77.13M
-0.03%
-12.33
KMI30 193,554.51
76.19M
-0.83%
-1627.52
KMIALLSHR 55,946.05
305.11M
-0.79%
-443.10
BKTi 38,197.97
16.53M
-0.59%
-225.01
OGTi 27,457.35
6.73M
-0.94%
-260.91
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,670.00 121,165.00
117,035.00
-1620.00
-1.36%
BRENT CRUDE 69.23 70.77
69.14
-0.29
-0.42%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.03 67.54
65.93
-0.20
-0.30%
SUGAR #11 WORLD 16.79 17.02
16.71
0.05
0.30%

Chart of the Day


Latest News
July 18, 2025 at 07:21 PM GMT+05:00

Pakistan strengthens UK trade links


July 18, 2025 at 05:36 PM GMT+05:00

Pakistan, China set to advance agricultural innovation


July 18, 2025 at 05:10 PM GMT+05:00

PSX Closing Bell: Riding High, Ending Low



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg