Asian Development Bank Give Pakistan $2 Billion Annually for Next Three Years

The Asian Development Bank (ADB) will give Pakistan $2 billion annually for the next three years. ADB President Masatsugu Asakawa made this announcement in a meeting with President Asif Ali Zardari, who stressed the need for more aid due to climate change. Zardari highlighted the severe impact of the 2022 floods on Pakistan’s economy, agriculture, and infrastructure, emphasizing the importance of ongoing international support. The meeting also covered Pakistan’s economic struggles, including high inflation and the effects of terrorism.

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