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Govt, ADB Sign $350m Deal for Women’s Economic Empowerment
PAKISTAN, JUN 23 – The $4.5 billion Islamic finance facility targets Pakistan's $2.6 trillion power sector circular debt to stabilize energy supply and support economic reforms, endorsed by the IMF.
- On Tuesday in Islamabad, a $350 million loan agreement was finalized between Pakistani authorities and the Asian Development Bank to enhance financial inclusion for women.
- This agreement builds on foundational reforms from Subprogram I and targets four key areas including policy frameworks, financing, entrepreneurship, and workplace equity for women.
- The program aims to enhance women's access to credit, expand business opportunities, create jobs, and foster an inclusive, equitable, and sustainable economy.
- The total funding amounts to $350 million, consisting of a $300 million loan focused on policy initiatives and an additional $50 million provided through a financial intermediary, both aimed at advancing Pakistan’s efforts toward inclusive and resilient development.
- The agreement reflects Pakistan’s strong commitment to advancing women’s economic empowerment and integrating them into the country’s broader economic growth goals.
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21 Articles
Rural Development and Skill Development Ministries Sign Agreement to Train Women SHG Members
Get latest articles and stories on India at LatestLY. The Ministry of Rural Development on Wednesday signed an agreement with the Ministry of Skill Development and Entrepreneurship to provide skill training to women members of self-help groups. India News | Rural Development and Skill Development Ministries Sign Agreement to Train Women SHG Members.
PR No. 189 Pakistan and ADB sign USD 350 Million “Women Inclusive Finance Sector (Ministry of Information and Broadcasting of the Islamic Republic of Pakistan)
) The Government of Pakistan and Asian Development Bank (ADB) signed a landmark USD 350 million loan agreement for the "Women Inclusive Finance Sector Development Program (Subprogram-II)". Statements were made from both sides. Ms. Sabina Qureshi, Additional Secretary of the
Programme aims to boost Pakistani women’s access to finance, entrepreneurship, and sustainable employment
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