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HomeBusinessPakistan, ADB sign $700 million loan deal for insurance sector reforms

Pakistan, ADB sign $700 million loan deal for insurance sector reforms

The government of Pakistan and the Asian Development Bank (ADB) signed a $700 million Policy-Based Loan (PBL) agreement for the Insurance Transformation Program (ITP), Sub-Program 1 (SP 1), including $250 million on concessional terms. Secretary, Economic Affairs Division Muhammad Humair Karim Kidwai expressed appreciation for ADB’s role as a trusted development partner and its continued

Read full story on Daily Times – Latest Pakistan News, World, Busines

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