ADB Approves $300 Million Loan to Develop Capital Markets in Pakistan
The Asian Development Bank (ADB) today approved a $300 million policy-based loan to help strengthen Pakistan’s finance sector by supporting measures to develop competitive capital markets and encourage private sector investment in the country.

“Capital markets act as a major catalyst in transforming the economy into a more efficient, innovative, and competitive marketplace,” said ADB Senior Project Officer Sana Masood. “The reforms proposed under this program will lower the cost of financial intermediation and facilitate private sector investment to generate sustainable growth and job opportunities. It will also mitigate the negative impact of capital market instability on the economy and help to diversify Pakistan’s financial system.”