Asian Development Bank (ADB) will lend $ 2.7 billion to Pakistan this year.
According to ADB's statement, the loan will be provided for the Operations Business Plan of Pakistan and the Business Plan will support development projects in Pakistan.
The ADB says other development partners will also contribute to Pakistan's development journey.
The ADB's statement said that the average annual loan disbursement to Pakistan will increase to $ 2.4 billion; the average annual loan disbursement has increased by $ 1.4 billion during the year 18-2015.
According to the Asian Development Bank, the loan will be funded through a variety of sources, helping Pakistan to access the region's subsidized resources.
It may be recalled that a few days ago, the Asian Development Bank had approved a loan of $ 20 million for Pakistan, which will be used in the Benazir Income Support Program.
It should be remembered that after the World Monetary Fund (IMF), the Asian Development Bank (ADB) also announced that Pakistan would give billions of dollars in debt.
According to the ADB announcement, Asian Development Bank will provide $ 10 billion loan to Pakistan in 5 years and this amount will be a subsidized loan for Pakistan.
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