The Asian Development Bank (ADB) has approved $540 million in financing for Pakistan. The funds will support reforms in state-owned enterprises (SOEs) and strengthen disaster resilience in Sindh’s coastal belt, the lender announced on Friday.

The package includes a $400 million results-based loan for Pakistan’s Accelerating SOE Transformation Programme and a $140 million concessional loan for the Sindh Coastal Resilience Sector Project.

ADB Country Director for Pakistan said the reforms aim to overhaul governance and commercial performance across public-sector enterprises. “Pakistan’s commercial SOEs are central to the country’s economic stability and development,” she noted, adding that the restructuring and commercialisation of the National Highway Authority would be among the programm

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