{"id":77936,"date":"2025-06-18T23:48:45","date_gmt":"2025-06-18T18:48:45","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=77936"},"modified":"2025-06-18T23:48:45","modified_gmt":"2025-06-18T18:48:45","slug":"pakistan-signs-1b-financing-from-asian-development-bank","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/pakistan-signs-1b-financing-from-asian-development-bank\/","title":{"rendered":"Pakistan signs $1b financing from Asian Development Bank"},"content":{"rendered":"<p>ISLAMABAD: Pakistan has signed a $1 billion financing agreement with the Asian Development Bank (<a href=\"https:\/\/dailyausaf.com\/en\/business\/pakistan-adb-ink-historic-300-million-subprogram-ii-loan-agreement\/\">ADB<\/a>), signaling its return to the Middle East financial markets after more than three years.<\/p>\n<p>The five-year multi-purpose facility was signed in Islamabad on Tuesday and combines Islamic and conventional financing mechanisms.<\/p>\n<p>The Finance Ministry said the agreement indicates the renewed confidence of the international community in Pakistan\u2019s economic reforms and fiscal policies.<\/p>\n<p>Structured with the support of ADB\u2019s policy-based guarantee, the agreement aims to secure funds from a consortium of regional and international financial institutions. They include Dubai Islamic Bank, Standard Chartered, Abu Dhabi Bank, Sharjah Islamic Bank, Ajman Bank, and Habib Bank Limited.<\/p>\n<p>About 89% of the funding will be provided through Islamic financial channels, with the remaining 11% coming from conventional sources. The funds will help strengthen Pakistan\u2019s fiscal position and improve liquidity as the country navigates ongoing economic challenges.<\/p>\n<p>According to finance officials, ADB\u2019s involvement has been instrumental in restoring global market confidence in Pakistan. \u201cThis is more than just financial assistance \u2013 it is a strong endorsement of Pakistan\u2019s economic direction,\u201d an official noted.<\/p>\n<p>The development also reflects a strategic shift in Pakistan\u2019s external borrowing policy, with a focus on engaging Middle Eastern banks through a variety of financial instruments.<\/p>\n<p>Economists believe the deal could ease short-term fiscal stress and open the door for additional multilateral assistance, in line with Pakistan\u2019s broader strategy to stabilize the economy, build reserves, and reassure investors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: Pakistan has signed a $1 billion financing agreement with the Asian Development Bank (ADB), signaling its return to the Middle East financial markets after more than three years. The five-year multi-purpose facility was signed in Islamabad on Tuesday and combines Islamic and conventional financing mechanisms. The Finance Ministry said the agreement indicates the renewed [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":12641,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,2],"tags":[],"class_list":["post-77936","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-pakistan"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/77936","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=77936"}],"version-history":[{"count":1,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/77936\/revisions"}],"predecessor-version":[{"id":77937,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/77936\/revisions\/77937"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/12641"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=77936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=77936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=77936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}