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https://profit.pakistantoday.com.pk/2024/10/09/adb-reaffirms-continued-support-for-pakistan/
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Headlines
October 9, 2024


ADB REAFFIRMS CONTINUED SUPPORT FOR PAKISTAN



By
APP




ISLAMABAD: The Asian Development Bank (ADB) here on Wednesday reaffirmed its
continued support to government’s agenda to implement structural reforms,
generate fiscal space and stabilize economy.

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The reaffirmation was made by a delegation of Executive Directors and Alternate
Executive Directors of ADB that met with Federal Minister for Economic Affairs,
Ahad Khan Cheema to discuss the country’s development priorities and
macroeconomic reforms.

The delegation is on Pakistan’s visit from October 6 to 12, 2024 for
consultations with the government and key stakeholders to better align ADB’s
support with government’s priorities.

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The visit of ADB’s Executive Directors reinforces the robust collaboration
between ADB and Pakistan, aimed at achieving sustainable development goals and
enhancing economic stability in the country.

On the occasion Minister Cheema highlighted the strong partnership between
Pakistan and ADB, reaffirmed during the recent visit of ADB President Masatsugu
Asakawa.

The Minister articulated the government’s commitment to a comprehensive reform
agenda, focused on restoring macroeconomic stability and promoting sustainable
growth.

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He highlighted key reform areas including digitization of the tax system to
enhance revenue generation, energy sector improvements, and restructuring of
state-owned enterprises (SOEs).

He highlighted the impacts of ongoing reforms such as stable currency, reduced
inflation, and a strengthened fiscal position. He also emphasized Pakistan’s
priorities for ADB’s support in critical sectors including climate action,
infrastructure development, and social uplift.


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profit.pakistantoday.com.pk Open in urlscan Pro 2a06:98c1:58::9e Public Scan

Form analysis 6 forms found in the DOM

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profit.pakistantoday.com.pk Open in urlscan Pro
2a06:98c1:58::9e Public Scan

Form analysis
6 forms found in the DOM