ADB assures Pakistan to approve $1.5bln for BRACE

Washington: Finance Minister Ishaq Dar held a meeting with President Asian Development Bank Masatsugu Asakawa.

He thanked the President of ADB for the support provided over the years as a major development partner of Pakistan and also for the recent post-flood commitments.

The ADB President assured the Finance Minister of approval of the Balochistan Rural Development and Community Empowerment program amounting to US 1.5 billion dollars and of continued support to Pakistan.

Meanwhile, the Finance Minister and Governor State Bank Jameel Ahmad met Queen Maxima of the Netherlands on the sidelines of the Annual meetings of IMF-WB to discuss financial inclusion and banking on equality.

The two sides reiterated their commitment to work together to achieve fast progress in the subjects discussed.