ADB to provide $300 million loan for Pakistan to enhance trade competitiveness

News Desk

The Asian Development Bank (ADB) has approved 300 million dollars loan for Pakistan to enhance trade competitiveness and diversification to improve exports.

According to media reports, an agreement of Trade and Competitiveness Programme was signed to this effect in Islamabad on Friday.

The Federal Minister for Economic Affairs, Makhdum Khusro Bakhtyar witnessed the signing ceremony.

Country Director ADB, Xiaohong Yang has said on the occasion that the bank is providing its support for policy reforms and project financing in the sectors of financial management, road, social sector, energy, water and irrigation and urban services.