No Result
View All Result
Monday, July 28, 2025
MM News
اردو
  • Home
  • Latest News
  • National
  • Dramas
  • Showbiz
    Rajab Butt

    Explicit videos of Rajab Butt’s close friends leak, stirring social media outrage

    TV Anchor

    Missing TV anchor’s car found in Diamer flood debris, search for family continues

    Sardaar Ji 3

    Celebrities gather to celebrate Hania Aamir’s blockbuster film success

    Netflix August 2025

    Here’s what’s coming to Netflix in August

    Honey Singh

    After their last hit, Honey Singh and Shehnaaz Gill to share screen again

    Dr. Salunkhe

    CID Season 2, Episode 63 marks Dr. Salunkhe’s comeback

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
MM News
  • Home
  • Latest News
  • National
  • Dramas
  • Showbiz
    Rajab Butt

    Explicit videos of Rajab Butt’s close friends leak, stirring social media outrage

    TV Anchor

    Missing TV anchor’s car found in Diamer flood debris, search for family continues

    Sardaar Ji 3

    Celebrities gather to celebrate Hania Aamir’s blockbuster film success

    Netflix August 2025

    Here’s what’s coming to Netflix in August

    Honey Singh

    After their last hit, Honey Singh and Shehnaaz Gill to share screen again

    Dr. Salunkhe

    CID Season 2, Episode 63 marks Dr. Salunkhe’s comeback

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
No Result
View All Result
No Result
View All Result
MM News
اردو
  • Latest
  • Showbiz
  • Thought Box
  • Business & Stock
  • Opinions
  • Technology
  • The Other Side-Pakistan
Home Business & Stock

ADB approves $385m to help improve livability in KP

MM News Staff by MM News Staff
December 11, 2021
adb

adb

MANILA: The Asian Development Bank (ADB) has approved $385 million in financing to help improve the livability and community health of five cities in Pakistan’s Khyber Pakhtunkhwa province.

According to a statement, the Khyber Pakhtunkhwa Cities Improvement Project will help construct two clean water supply treatment facilities, three sewerage treatment facilities, and will rehabilitate dysfunctional tube wells among several other important subprojects in the cities of Abbottabad, Kohat, Mardan, Mingora, and Peshawar.

“More than 3.5 million people will benefit from improved access to clean and safe water, reliable and integrated waste management and sanitation services, green urban spaces, and gender-friendly urban facilities,” it said, adding that about 150,000 households will gain new connections to water supply systems and have smart water meters installed in their homes.

ADB will provide a $380 million loan and a $5 million grant, while the Asian Infrastructure Investment Bank (AIIB) will provide co-financing of $200 million, subject to approval of their board of directors.

Together with $65 million in financing from the Government of Pakistan, this represents ADB’s largest urban project ($650 million equivalent) in Pakistan.

ADB’s loan includes more than $106 million for climate adaptation and mitigation, the bank’s largest climate financing contribution in any urban project in 2021, reaffirming its commitment to helping its developing member countries fight climate change.

ADB approves $300m for Pakistan’s energy sector

In a similar development, the ADB on Friday approved a $300 million policy-based loan to support financial, technical, and governance reforms to strengthen Pakistan’s energy sector and improve its financial sustainability.

“The financing is part of the second sub-programme of ADB’s Energy Sector Reforms and Financial Sustainability Programme, which aims to improve the governance of Pakistan’s energy sector and reduce and manage the accumulated cash shortfall across the power supply chain known as circular debt,” the Manilla-based bank said, adding that the first sub-programme in the amount of $300 million was approved in December 2019.

ShareTweetSendShare
Previous Post

Anushka Sharma pens heartfelt note for Virat Kohli on 4th wedding anniversary

Next Post

Ex-Ahmadiyya caliphate’s granddaughter reportedly abused by Mirza Masroor’s relative

Related Stories

Sugar
Business & Stock

Govt takes major decision to tackle sugar crisis

July 28, 2025
Image: APP
Business & Stock

PSX stays bullish, gains over 170 points

July 28, 2025
file photo
Business & Stock

UAE Dirham to PKR rates today- July 28, 2025

July 28, 2025
representative image
Business & Stock

Saudi Riyal to PKR rates today- 28 July 2025

July 28, 2025
representative image
Business & Stock

Gold prices significantly dips in global market

July 28, 2025
Representative image
Business & Stock

Forex rates in Pakistan today- Monday 28 July 2025

July 28, 2025
Image: APP
Business & Stock

PSX continues bullish trend, gains 870 points in early trading

July 28, 2025
representative image
Business & Stock

Gold prices in Pakistan today- Monday 28 July 2025

July 28, 2025
representative image
Business & Stock

Saudi Riyal to PKR rates today- 27 July 2025

July 27, 2025
file photo
Business & Stock

UAE Dirham to PKR rates today- July 27, 2025

July 27, 2025
Next Post
The victim's parents have taken the girl to London to meet with Mirza Masroor.

Ex-Ahmadiyya caliphate’s granddaughter reportedly abused by Mirza Masroor’s relative

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trending Stories

PTI Leaders disqualified
National

ECP disqualifies PTI’s Ejaz Chaudhry, Ahmad Chattha, and Ahmad Khan Bhachar

by MM News Staff
July 28, 2025
Rajab Butt
Daily Buzz

Explicit videos of Rajab Butt’s close friends leak, stirring social media outrage

by MM News Staff
July 28, 2025
Kasur girl
Crime

Viral video sparks outrage: Police arrest suspect for abusing minor girl in Kasur

by MM News Staff
July 28, 2025
Sugar
Business & Stock

Govt takes major decision to tackle sugar crisis

by MM News Staff
July 28, 2025
Bill Gates
Technology

AI is advancing too fast for humans to adapt: Bill Gates

by MM News Staff
July 28, 2025

Opinion

nadeem moulvi
From Sects to Sunnah
July 15, 2025
- Nadeem Moulvi
Munir-Ahmed
Portugal and Pakistan: Building a Bilateral Bridge in a Fractured World
June 29, 2025
- Munir Ahmed
munir ahmed oped
A Peace Prize for Betrayals: Rethinking Pakistan’s Strategic Alliances
June 28, 2025
- Munir Ahmed
No posts found
See all

Weather Updates

file photo
Top News

NDMA issues alert for heavy rains, urban flooding in northern areas

by APP
July 28, 2025

A fresh spell of intense monsoon rains is forecast to hit northern Pakistan from...

Rescue personnel evacuate villagers by boat from a flooded village following heavy rains in the Taunsa district of Punjab on July 16, 2025. — AFP

Thousands displaced, crops destroyed as floods wreak havoc in Punjab

July 27, 2025
File photo

KP issues travel advisory amid monsoon showers

July 26, 2025
Image: file photo

Weather updates for Islamabad, other parts of country

July 26, 2025
See all

Prices

Sugar
Business & Stock

Govt takes major decision to tackle sugar crisis

by MM News Staff
July 28, 2025

To control the sugar crisis in the country, the federal government has made a...

representative image

Gold prices in Pakistan today- Monday 28 July 2025

July 28, 2025

Karachi residents pay the highest price for flour in Pakistan

July 27, 2025
representative image

Gold prices in Pakistan today- Sunday 27 July 2025

July 28, 2025
See all

Transport News

Chakwal
Crime

Tragic bus crash in Chakwal: 6 dead, 24 injured near Dhok Sial

by MM News Staff
July 27, 2025

A bus fell into a ravine near Dhok Sial on the motorway in Chakwal,...

Charged Parking

Has the Sindh government put an end to parking fee extortion?

July 25, 2025

E-Taxi scheme launch date unveiled in Punjab

July 24, 2025
(File Photo)

Air Arabia Abu Dhabi expands operations in Pakistan with new Faisalabad, Multan flights

July 24, 2025
See all

MM Digital (Pvt.) Ltd.

MM News is a subsidiary of the MM Group of Companies. It was established in 2019 with the aim of providing people of Pakistan access to unbiased information. Contact Details: 03200201537

Quick Links

  • Home
  • Advertise
  • MM News Urdu
  • The Other Side-Pakistan
  • Contact Us
  • Privacy Policy

Top Pages

  • Latest News
  • Showbiz
  • OP-ED
  • Technology
No Result
View All Result
  • Latest News
  • Showbiz
  • Thought Box
  • Business
  • Opinions
  • Technology

© Copyright 2024 MMNews - All Rights Reserved.