The Asian Development Bank (ADB) published its annual report for 2023. According to it, the volume of loans, grants and aid in 2023 was 23.6 billion dollars.
According to the report, the Asian Development Bank has earmarked $9.8 billion for climate finance in 2023.
It has signed an $82 million loan with Pakistan in 2023, according to the Asian Development Bank. The loan was for agricultural production and food security in Pakhtunkhwa.
According to the Asian Development Bank, the loan also included a plan to involve women in agriculture. The project involved training 2,800 women in the agricultural sector.
According to a report by the Asian Development Bank, ADB is also working to improve the conditions of women.
Pakistan was also given a $180 million climate loan, according to the report. Bahawalpur has a plan to reduce greenhouse gas emissions.
According to a report by the Asian Development Bank, there is a plan for 54 million liters of clean water per day in Rawalpindi. An emergency allowance was also provided for the food needs of flood-affected areas.
According to the report, a subsidy of 5 million dollars was provided for rice seed on 54 thousand hectares. A loan of 300 million dollars was provided to support the generation of domestic income. The loan will help with tax reform and digitization.
