Inside Financial Markets

Finance Minister meets President Asian Development Bank

ishaq adbFinance Minister meets President Asian Development Bank

Finance Minister Senator, Ishaq Dar met with the President of Asian Development Bank (ADB), Mr. Takehiko Nakao at Astana today.
The Finance Minister thanked President ADB for the Bank’s continued support to Pakistan, specially recently approved assistance of US $900 million for Jamshoro Power Project,
US $400 million Development Concessionary Program loan and US $430 million support for Income Support Program for vulnerable population of Pakistan.

President ADB deeply appreciated Pakistan’s Government efforts in bringing back the Country’s Economy on right track by implementing structural difficult reforms and stabilization measures in less than a year, with very positive results. He stated if efforts continue, Pakistan has the great potential to become a robust economy in next few years with high growth, low inflation, employment generation and infrastructure development.

The Finance Minister invited President ADB to visit Pakistan which later accepted. Details for his visit in September will be worked out in due course by two sides

Sanie Khan

Sanie Khan holds a deep knowledge of the financial markets in Pakistan. Based in Karachi, he has over 20 years of hands-on management experience in financial technologies and managing operations in the financial sector. He was the General Manager at the Pakistan Stock Exchange (PSX) for 17 years. He along-with senior members of Exchange

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Inside Financial Markets was a joint publication of Pakistan Stock Exchange (PSX)and Society of Technical Analysts Pakistan (STAP)