"All of this threatens the local economy. People will lose jobs, incomes will falter and the future is less certain." ...

Pakistan’s Prime Minister Muhammad Shehbaz Sharif hailed the increase of current account surplus to $2.1 billion in fiscal ...

The Climate Change Commission (CCC) welcomed the Department of Finance’s (DOF) successful mobilization of EUR250 million (P15 ...

Pakistan’s consumer price inflation rose 3.2 per cent year-on-year in June, the statistics bureau said on Tuesday, broadly in line with the finance ministry’s projection of 3 per cent to 4 per cent ...

Subprogram II builds on the foundational policy reforms introduced under Subprogram I and focuses on four strategic areas. These include establishing a supportive policy and regulatory framework ...

Pakistan secures $1 billion financing facility with ADB-backed guarantee Subprogram II of WIF is built on the foundational policy reforms introduced under Subprogram I.

Print Print 2025-06-05 Pakistan, ADB sign $300m ‘Subprogram II’ loan Recorder Report Published June 5, 2025 Whatsapp Follow us ...

The Government of Pakistan and Asian Development Bank (ADB) signed a $300 million loan agreement for the “Improved Resource Mobilisation and Utilization Reform Program (Subprogram-II)”. Statements ...

The Philippines and French governments have inked a nearly P16-billion loan facility that aims to address the worsening impacts of climate change.

The funding falls under Subprogram 2 of the Improved Resource Mobilisation and Utilisation Reform Program, which backs comprehensive fiscal and governance reforms.

Finally, a JPY 30 billion loan will be for the Build Universal Healthcare Program, Subprogram 2, which seeks to improve healthcare access and service delivery in the Philippines.