{"id":66059,"date":"2020-06-01T14:09:43","date_gmt":"2020-06-01T09:09:43","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=66059"},"modified":"2020-06-01T17:39:05","modified_gmt":"2020-06-01T12:39:05","slug":"pakistans-economic-growth-dependent-on-reforms-under-imf-package-adb","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pakistans-economic-growth-dependent-on-reforms-under-imf-package-adb.html","title":{"rendered":"Pakistan\u2019s economic growth dependent on reforms under IMF package: ADB"},"content":{"rendered":"\n<p>Islamabad: The Asian Development Bank (ADB) recently linked Pakistan\u2019s economic growth prospects with the formal implementation of reforms under the ongoing International Monetary Fund (IMF) package agreement \u2013 a news source reported. These measures are aimed at improving the country\u2019s fiscal consolidation and economic stability.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/work-adb-funded-thal-canal-irrigation-investment-programme-begins.html\" target=\"_blank\" rel=\"noreferrer noopener\">Work on ADB-funded Thal Canal Irrigation Investment Programme begins<\/a><\/p>\n\n\n\n<p>According to Pakistan\u2019s factsheet by the lender, the ADB underscored the need for Pakistan to broaden its tax base, improve the business environment, and introduce reforms that lead to greater exports. It also called for the need to expand social spending, further develop the energy sector, and for the overall improvement in its institutions.<\/p>\n\n\n\n<p>The report added that the ADB would continue to support Pakistan through its country operations business plan 2020-22. Under the programme, the bank had approved a USD 7.1 billion fund for Pakistan that included loans to support various development projects. In addition, the package also contained reforms and financing facilities for the energy, transport, and water sectors \u2014 among other urban amenities and infrastructure schemes.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/adb-approves-usd-300mn-emergency-assistance-loan-pakistan.html\" target=\"_blank\" rel=\"noreferrer noopener\">ADB approves USD 300mn emergency assistance loan for Pakistan<\/a><\/p>\n\n\n\n<p>Reportedly, the ADB\u2019s operations focus on developing effective and efficient transport and infrastructure, improving secondary education, enhancing technology-based agriculture, and developing the energy sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Asian Development Bank (ADB) recently linked Pakistan\u2019s economic growth prospects with the formal implementation of reforms under the ongoing International Monetary Fund (IMF) package agreement \u2013 a news source reported. These measures are aimed at improving the country\u2019s fiscal consolidation and economic stability. Read: Work on ADB-funded Thal Canal Irrigation Investment Programme begins According to Pakistan\u2019s factsheet by the lender, the ADB underscored the need for Pakistan to broaden its tax base, improve the business environment, and introduce reforms that lead to greater exports. It also called for the need to expand social spending, further develop the energy sector, and for the overall improvement in its institutions. The report added that the ADB would continue to support Pakistan through its country operations business plan 2020-22. Under the programme, the bank had approved a USD 7.1 billion fund for Pakistan that included loans to support various development projects. In addition, the package also contained reforms and financing facilities for the energy, transport, and water sectors \u2014 among other urban amenities and infrastructure schemes. Read: ADB approves USD 300mn emergency assistance loan for Pakistan Reportedly, the ADB\u2019s operations focus on developing effective and efficient transport and infrastructure, improving secondary education,&hellip;<\/p>\n","protected":false},"author":57,"featured_media":63438,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15012],"tags":[30481],"persona":[],"class_list":{"0":"post-66059","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-allied-industries","8":"tag-pakistans-economic-growth-dependent-on-reforms-under-imf-package-adb","9":"cat-15012-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pakistan\u2019s growth dependent on IMF package reform: ADB - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Asian Development Bank (ADB) recently linked Pakistan\u2019s economic growth prospects with the formal implementation of reforms under the ongoing International Monetary Fund (IMF) package agreement \u2013 a news source reported.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/pakistans-economic-growth-dependent-on-reforms-under-imf-package-adb.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pakistan\u2019s growth dependent on IMF package reform: ADB - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Asian Development Bank (ADB) recently linked Pakistan\u2019s economic growth prospects with the formal implementation of reforms under the ongoing International Monetary Fund (IMF) package agreement \u2013 a news source reported.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pakistans-economic-growth-dependent-on-reforms-under-imf-package-adb.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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