Pakistan has snapped up two financing agreements value a complete of $730 million with the Asian Growth Financial institution (ADB), in line with the Ministry of Financial Affairs, ARY Information reported.
In response to the Spokesperson for Financial Affairs, one of many agreements signed between Pakistan and ADB entails a $330 million Second Energy Transmission Venture, which can allow the transmission of as much as 2,300 megawatts of electrical energy.
The second pact, valued at $400 million, pertains to the transformation program for state-owned enterprises (SOEs).
The Secretary of Financial Affairs of Pakistan acknowledged that this system will assist the implementation of the SOE Act and associated insurance policies.
In response to the spokesperson, ADB’s Nation Director for Pakistan, Emma Fan, praised the federal government’s dedication to financial reforms. She mentioned this system would additional strengthen efforts to reform state-owned enterprises and improve institutional efficiency.
ML-1 challenge settlement finalized with ADB
Earlier in December 2025, the Federal Minister for Pakistan Railways, Muhammad Hanif Abbasi has additionally introduced that an settlement for the ML-1 challenge has been finalized with the Asian Growth Financial institution (ADB), describing it as a serious step in the direction of modernizing the nation’s rail community.
Talking throughout a gathering in Islamabad with Protection Secretary Lieutenant Normal Muhammad Ali, Minister Hanif Abbasi acknowledged that concrete measures have been now being taken to finish the challenge on the earliest attainable time.
The assembly was additionally attended by Secretary Energy Division Dr Fakhar Alam Irfan and Director Normal of the Nationwide Logistics Cell, Main Normal Farrukh Shehzad Rao.
The Federal Minister Hanif Abbasi acknowledged that Pakistan’s first Protected and Sensible Railway Station has been established in Rawalpindi, that includes a 24/7 Synthetic Intelligence-based monitoring system with 184 trendy surveillance cameras, considerably strengthening the safety and monitoring mechanism.
As a part of a broader digitization drive, he mentioned a Rail Tag system had been launched to permit real-time monitoring of trains and rolling inventory, a transfer geared toward enhancing transparency and effectivity.
