{"id":47269,"date":"2025-06-05T12:58:41","date_gmt":"2025-06-05T12:58:41","guid":{"rendered":"https:\/\/pakistanintheworld.pk\/live\/?p=47269"},"modified":"2025-06-05T12:58:41","modified_gmt":"2025-06-05T12:58:41","slug":"pakistan-adb-signed-landmark-300-million-subprogram-ii-loan","status":"publish","type":"post","link":"https:\/\/pakistanintheworld.pk\/live\/pakistan-adb-signed-landmark-300-million-subprogram-ii-loan\/","title":{"rendered":"Pakistan, ADB signed landmark $ 300 million, \u201dSubprogram II\u201d loan"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-47276\" src=\"https:\/\/pakistanintheworld.pk\/live\/wp-content\/uploads\/2025\/06\/ADB-Pakistan.jpg\" alt=\"\" width=\"500\" height=\"324\" srcset=\"https:\/\/pakistanintheworld.pk\/live\/wp-content\/uploads\/2025\/06\/ADB-Pakistan.jpg 500w, https:\/\/pakistanintheworld.pk\/live\/wp-content\/uploads\/2025\/06\/ADB-Pakistan-300x194.jpg 300w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/p>\n<p>ISLAMABAD : 04 June 2025 &#8211; Pakistan and Asian Development Bank (ADB) on Wednesday signed a landmark USD$ 300 million \u201cImproved Resource Mobilization And Utilization Reform Program (Subprogram II)\u201d loan agreement.<\/p>\n<p>The Government of Pakistan and Asian Development Bank (ADB) signed a $300 million loan agreement for the \u201cImproved Resource Mobilisation and Utilization Reform Program (Subprogram-II)\u201d. Statements were made from both sides.<\/p>\n<p>Dr. Kazim Niaz, Secretary of the Economic Affairs Division, and Ms. Emma Fan, Country Director, Pakistan Resident Mission, ADB signed the Loan Agreement. The ceremony was attended by senior officials from the Government of Pakistan and ADB.<\/p>\n<p>The signing of the agreement underscores Pakistan\u2019s commitment to prioritize macroeconomic stabilization and fiscal consolidation through enhanced domestic resource mobilization.<\/p>\n<p>This program is designed in a programmatic mode and aims to introduce structural reforms in trade, revenue generation and capital market development. A Policy Based Guarantee (PBG) of $ 500 million is also associated with this policy-based loan (PBL), backed by a sovereign counter-guarantee and indemnity to raise commercial financing of $1.00 billion.<\/p>\n<p>The total financing package of $ 800 million will significantly contribute to Pakistan\u2019s ongoing macroeconomic recovery and stabilization efforts.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"1wHhFLbdM2\"><p><a href=\"https:\/\/pakistanintheworld.pk\/live\/pakistan-in-the-world-march-2025\/\">Pakistan in the World \u2013 March 2025<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Pakistan in the World \u2013 March 2025&#8221; &#8212; Pakistan In the World\" src=\"https:\/\/pakistanintheworld.pk\/live\/pakistan-in-the-world-march-2025\/embed\/#?secret=vrSH7ZtMlW#?secret=1wHhFLbdM2\" data-secret=\"1wHhFLbdM2\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD : 04 June 2025 &#8211; Pakistan and Asian Development Bank (ADB) on Wednesday signed a landmark USD$ 300 million \u201cImproved Resource Mobilization And Utilization Reform Program (Subprogram II)\u201d loan agreement. The Government of Pakistan and Asian Development Bank (ADB) signed a $300 million loan agreement for the \u201cImproved Resource Mobilisation and Utilization Reform Program [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":47276,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[91],"tags":[1839,1908,3977,1050,48],"_links":{"self":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts\/47269"}],"collection":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/comments?post=47269"}],"version-history":[{"count":2,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts\/47269\/revisions"}],"predecessor-version":[{"id":47277,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts\/47269\/revisions\/47277"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/media\/47276"}],"wp:attachment":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/media?parent=47269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/categories?post=47269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/tags?post=47269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}