{"id":70969,"date":"2020-09-29T12:15:00","date_gmt":"2020-09-29T07:15:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=70969"},"modified":"2020-09-29T12:15:39","modified_gmt":"2020-09-29T07:15:39","slug":"adb-approves-usd-300mn-loan-developing-pakistans-capital-markets","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/adb-approves-usd-300mn-loan-developing-pakistans-capital-markets.html","title":{"rendered":"ADB approves USD 300mn loan for developing Pakistan&#8217;s capital markets"},"content":{"rendered":"\n<p>Islamabad: The Asian Development Bank (ADB) has provided its approval to the issuance of a USD 300 million loan grant to facilitate the development of Pakistan\u2019s capital markets and for meeting the country\u2019s external financing by building foreign exchange reserves of the country, a news source reported on September 29.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/adb-issue-offshore-pakistan-rupee-linked-bonds-international-investors.html\" target=\"_blank\" rel=\"noreferrer noopener\">ADB to issue offshore Pakistan Rupee Linked Bonds for international investors<\/a><\/p>\n\n\n\n<p>The financial assistance is expected to help support competitive capital markets and encourage private sector investment. With this amount, the total loan provided by the international lender for capital market reforms is seen to rise above USD 1 billion. The current amount of USD 300 million is part of a larger deal of USD 600 million out of which USD 300 million will be provided next year.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/international-orgs-fund-punjabs-18-development-projects.html\" target=\"_blank\" rel=\"noreferrer noopener\">International organisations to fund Punjab\u2019s 18 development projects<\/a><\/p>\n\n\n\n<p>According to reports, the loan and policy reforms are also aimed at facilitating the market for foreign investors. The loan is also meant to increase Pakistan\u2019s stock market capitalisation from the current 30% of the gross domestic product (GDP) to 40% pf the gross domestic product.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Asian Development Bank (ADB) has provided its approval to the issuance of a USD 300 million loan grant to facilitate the development of Pakistan\u2019s capital markets and for meeting the country\u2019s external financing by building foreign exchange reserves of the country, a news source reported on September 29. Read: ADB to issue offshore Pakistan Rupee Linked Bonds for international investors The financial assistance is expected to help support competitive capital markets and encourage private sector investment. With this amount, the total loan provided by the international lender for capital market reforms is seen to rise above USD 1 billion. The current amount of USD 300 million is part of a larger deal of USD 600 million out of which USD 300 million will be provided next year. Read: International organisations to fund Punjab\u2019s 18 development projects According to reports, the loan and policy reforms are also aimed at facilitating the market for foreign investors. The loan is also meant to increase Pakistan\u2019s stock market capitalisation from the current 30% of the gross domestic product (GDP) to 40% pf the gross domestic product.<\/p>\n","protected":false},"author":57,"featured_media":60777,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[40489,24453,40487],"persona":[],"class_list":{"0":"post-70969","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-adb-approves-usd-300mn-loan-for-developing-pakistans-capital-markets-2","9":"tag-asian-development-bank-adb","10":"tag-pakistan-capital-markets","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ADB approves USD 300mn loan for Pakistan&#039;s capital markets - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Asian Development Bank (ADB) has provided its approval to the issuance of a USD 300 million loan grant to facilitate the development of Pakistan\u2019s capital markets and for meeting the country\u2019s external financing by building foreign exchange reserves of the country, a news source reported on September 29.\" \/>\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\/adb-approves-usd-300mn-loan-developing-pakistans-capital-markets.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ADB approves USD 300mn loan for Pakistan&#039;s capital markets - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Asian Development Bank (ADB) has provided its approval to the issuance of a USD 300 million loan grant to facilitate the development of Pakistan\u2019s capital markets and for meeting the country\u2019s external financing by building foreign exchange reserves of the country, a news source reported on September 29.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/adb-approves-usd-300mn-loan-developing-pakistans-capital-markets.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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