The Asia and Pacific region stands at a critical juncture, positioned both as a significant contributor to global greenhouse gas emissions and a potential leader in transformative climate action. The Asian Development Bank (ADB), alongside our member countries, is steering the region towards a sustainable future through support for a just transition. Our vision aims to reorient economic and
Pakistan, like other developing economies in Asia, is confronting challenges in complying with international food standards because the prevalence of aflatoxins exceeding permissible limits and synthetic pesticide maximum residue limits (MRLs) is high. Unfortunately, the agriculture and food authorities have neither established nor well-publicised these limits. Owing to a lack of awareness and
The August 5 Bangladesh revolution shows that repressive and corrupt regimes have no future in the new political order being defined by the repressed yet ambitious youth. The sooner all concerned in Pakistan learn this lesson, the better. Since former prime minister Hasina Wajid headed a corrupt and repressive regime, even the appreciable economic progress Bangladesh made during her time could
Two recognised main areas of macroeconomics are long-term economic growth and short-term business cycles. Macroeconomics helps evaluate the resources and capabilities of an economy, churn out ways to increase the national income, boost productivity, and create job opportunities. In recent decades, inequality has emerged as a core issue in economic development and growth. Human capital is seen a
The government has decided in principle to limit the powers of the Drug Regulatory Authority of Pakistan (Drap) and form a new, independent body specifically tasked with overseeing the pricing of life-saving drugs. The Pakistan Pharmaceutical Manufacturers’ Association (PPMA) has expressed optimism that the proposed regulatory body will expedite the resolution of pending drug pricing cases and