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ADB is exploring funding for Pakistan Railways modernization, while the Senate questioned the Economic Affairs Division.

9 reports, 4 independent Updated Sep 8
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What happened

Well supportedReported by 4 independent outlets

ADB is exploring funding for Pakistan Railways modernization, while the Senate questioned the Economic Affairs Division.

Who's involved

What this event is mainly about
Asian Development BankPakistanPakistan Railways

How it developed

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  1. Railways is reluctant to take full debt responsibility during a financing meeting chaired by Ahsan Iqbal.Sub-event
  2. ADB and the Government of Pakistan are coordinating on the ML-1 railway project in Pakistan.Sub-event
  3. Hanif Abbasi, who leads PR reforms, met with ADB VP Yang to discuss railway modernization.1 source
  4. Government explores co-financing railway projects with IDB and World Bank, building on ADB support.1 source
  5. Pakistan and Pakistan Railways are cooperating on developing a multimodal logistics network.Sub-event
  6. Pakistan is seeking an ADB adviser appointment.1 source
  7. 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
  8. Pakistan seeks ADB financing for railway modernization project, and the Senate questioned the Economic Affairs Division.1 source

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2 more outlets ran the same wire story