ADB approves $381mn financing for Pakistan’s Punjab

The Asian Development Bank (ADB) has approved three projects totalling $381 million to advance agriculture, education, and health services in Punjab. These development projects aim to foster economic growth in the province, which accounts for more than half of the country’s population and economic activity, read a statement on Saturday. “Investing in education, health, and agricultural mechanisation will play a transformative role in driving the growth of Punjab, a vital pillar of Pakistan’s economy,“ said ADB Country Director for Pakistan Emma Fan. “These strategic investments will modernise agriculture, enhance human capital, and significantly improve livelihoods for millions of people across Punjab.”