ADB president vows to provide bn to Pakistan annually

ADB president vows to provide $2bn to Pakistan annually

The Asian Development Bank has pledged to provide Pakistan with $2 billion annually for the next three years to help combat the challenges of climate change. President Asif Ali Zardari emphasized the need for increased support to address the impacts of climate change, especially after the devastating 2022 floods. He also highlighted the economic challenges…

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‘Shipping giant to invest bn in Pakistan’

‘Shipping giant to invest $2bn in Pakistan’

The Minister for Maritime Affairs announced that Danish shipping company Maersk will invest $2 billion in Pakistan’s port and transport infrastructure over the next two years. This investment is expected to contribute to the development of infrastructure and boost Pakistan’s economy. The minister highlighted Karachi’s potential to increase exports and mentioned steps taken by the…

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