KARACHI – Pakistan and the Asian Infrastructure Investment Bank (AIIB) have signed an agreement for $500 million loan that will provide a breathing room to under-pressure economy of the South Asian country. The AIIB is providing the loan under the Building Resilience with Active Countercyclical ...

ISLAMABAD-Chinese President Xi Jinping has called for making the Asian Infrastructure Investment Bank a new platform that promotes development for all and facilitates the building of a community with a shared future for mankind. He was addressing via video link the opening ceremony of the fifth ...

ISLAMABAD-Pakistan has received 1.5 billion dollars in COVID-19 and development policy related assistance from the World Bank, Asian Development Bank (ADB) and Asian Infrastructure Investment Bank (AIIB). This was stated by Ministry of Finance in a tweet on Thursday. The Ministry said the Pakistan ...

Islamabad: Asian Infrastructure Investment Bank will finance 511.81 million dollars for the infrastructural development in Pakistan. Talking to APP, Chief Programming officer and Senior Adviser to the President Asian Infrastructure Investment Bank Konstantin Limitovskiy said the amount has been ...

ISLAMABAD - The Asian Infrastructure Investment Bank (AIIB) has approved $112 million to improve transport and water services in Pakistan's economic hub Karachi. AIIB's latest investment is a $40mn loan approved by its Board of Directors in October to improve Karachi's water services, bringing ...

ISLAMABAD: The Asian Infrastructure Investment Bank (AIIB) has decided to invest more than $1 billion in the infrastructure projects related to transport, urban and rural water, and energy sectors of Pakistan. AIIB Head of Communication & Development and Chief Economist Laurel Ostfield, in an ...

ISLAMABAD - The Asian Infrastructure Investment Bank is set to announce today whether it will be “investing” one billion dollars in Pakistan for transport, urban, rural water and energy projects. A press conference is scheduled for Thursday afternoon in Islamabad. The new projects under ...

*BEIJING - Minister for Planning, Development and Reform Makhdum Khusro Bakhtyar on Wednesday invited Asian Infrastructure Investment Bank (AIIB) and Chinese corporate leaders to forge a sustainable long-term partnership with Pakistan aimed at financing projects that contribute to overall economic ...

*ISLAMABAD - Pakistan gets yet another good news from the economic front as the Asian Infrastructure Investment Bank (AIIB) has shown interest to invest $400 million in the Pakistan Infrastructure Bond.* According to Ministry of Finance, the bank has substantiated its preparation to invest amount ...

BEIJING: Prime Minister Imran Khan has invited Asian Infrastructure Investment Bank to explore projects in power generation, transmission, transport, and water supply sectors. Talking to AIIB President Jin Liqun in Beijing, he underscored that several cooperation opportunities existed in these ...