Pakistan has signed signed a $300 million policy-based loan to help promote macroeconomic stability through improved trade competitiveness with which international organization?
Pakistan has signed signed a $300 million policy-based loan to help promote macroeconomic stability through improved trade competitiveness with which international organization?
Explanation
Pakistan and the Asian Development Bank (ADB) on November 27, 2020 signed a $300 million policy-based loan to help promote macroeconomic stability through improved trade competitiveness and export diversification.
The loan agreement was signed by Secretary Economic Affairs Noor Ahmed and ADB`s Country Director Xiaohong Yang. Minister for Economic Affairs Khusro Bakhtyar witnessed the signing ceremony.