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Searched Tag: asian development bank adb loan
The bank’s initiative supports the Pradhan Mantri Skilling and Employability Transformation, a nationwide program to modernise 650 ITIs across 12 states under a hub-and-spoke cluster model and upgrading five National Skill Training Institutes (NSTIs) into centers of excellence for advanced trainer development

ADB to loan India $846-mn for upskilling workforce

November 28, 2025, 02:46 PM - 2 min read

The Manila-based Asian Development Bank (ADB) approved an $846 million loan to India on Friday to help create a future-ready workforce for manufacturing and technology sectors

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The $1 billion transaction between Pakistan and the ADB is the first to be supported by ADB’s policy-based guarantee linked to policy-reform measures

Pakistan clinches yet another billion-dollar loan

June 20, 2025, 03:09 PM - 4 min read

The latest monetary support to the country amid its ongoing economic crisis indicates strong support from leading financiers

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ADB approves USD 800 mn package for Pakistan

June 4, 2025, 03:18 PM - 3 min read

The money loaned is to strengthen Pakistan’s fiscal sustainability and improve the country’s public financial management, said a bank official

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