ADB is exploring funding for Pakistan Railways modernization, while the Senate questioned the Economic Affairs Division.
Steady: 0 in the last 7 days
Updated oct 7
The latest in this situation
- Prime Minister Shehbaz Sharif requested a financing plan specifically for the use of railway land.
- PM Shehbaz Sharif asked officials to finance an upgrade for Pakistan Railways.
- ADB downgraded Bangladesh's growth forecast amid shared energy, weather, and trade headwinds.
- Various international banks and JICA express interest or commit co-financing for the ML-1 railway project in Sindh.
- Railways is reluctant to take full debt responsibility during a financing meeting chaired by Ahsan Iqbal.
How it started
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
ADB is exploring funding for Pakistan Railways modernization, while the Senate questioned the Economic Affairs Division.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Railways is reluctant to take full debt responsibility during a financing meeting chaired by Ahsan Iqbal.Sub-event
- ADB and the Government of Pakistan are coordinating on the ML-1 railway project in Pakistan.Sub-event
Hanif Abbasi, who leads PR reforms, met with ADB VP Yang to discuss railway modernization.1 source
Government explores co-financing railway projects with IDB and World Bank, building on ADB support.1 source
- Pakistan and Pakistan Railways are cooperating on developing a multimodal logistics network.Sub-event
Pakistan is seeking an ADB adviser appointment.1 source
- ADB projects growth rates for Pakistan (3.7%), South Asia (6.0%), and Bangladesh (3.7%), while regional tensions drive up costs for fuel and electricity.Sub-event
Pakistan seeks ADB financing for railway modernization project, and the Senate questioned the Economic Affairs Division.1 source
Keep exploring
The entities involved
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Asian Development Bank
regional development bank
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Pakistan
sovereign state in South Asia
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Pakistan Railways
state-owned railway company of Pakistan
Nothing else this week.
Related events
- Bangladesh seeks a partnership framework agreement with ADB and World Bank, with the Ministry of Finance advising the PM.
- Australia provided renewed funding to the Asian Development Bank for a new initiative announced in Sydney.
- The Asian Development Bank approved facilities for national reforms on October 1st.