President Zardari Is Called By The ADB President: Bank Will Give $2 Billion In Annual Aid Over The Next Three Years

Pakistan will get two billion dollars in aid annually from the Asian Development Bank for the next three years.

President Masatsugu Isakawa of the Asian Development Bank met with President Asif Ali Zardari in Islamabad, where he reaffirmed the bank’s commitment to funding climate-smart infrastructure projects.

President Asif Ali Zardari also stressed the importance of the Asian Development Bank working more closely in order to combat the effects of climate change.

Pakistan has significant financial needs to address climate change, according to the president.

According to Asif Ali Zardari, severe climate change and the disastrous floods of 2022 have had a significant effect on the nation’s transportation infrastructure, agriculture, education, and economy.

The President briefed the President of the Asian Development Bank on Pakistan’s economic and environmental challenges.

The fight on terror, he claimed, has cost the nation enormously in terms of its economy.

The President expressed gratitude to the Asian Development Bank for its support of Pakistan’s socioeconomic growth.

The president expressed gratitude to the president of the Asian Development Bank for aiding Pakistan following the floods of 2022.

According to President ADB, Pakistan is suffering greatly from climate change as a result of the country’s glaciers rapidly melting.

The president of the Asian Development Bank also noted with appreciation Pakistan’s recent economic improvement and stability.