Asian Development Bank and Pakistan: Fact Sheet
Asian Development Bank | April 2010
Updated yearly, this ADB Fact Sheet provides social and economic indicators on the Pakistan as well as concise information on ADB's operations in the country and contact information. As Pakistan’s leading multilateral development partner, the Asian Development Bank (ADB) has assisted the Government of Pakistan in undertaking important economic and governance reforms in the last decade, which contributed to steady economic growth and allowed the country to boost spending on poverty reduction programs. The alliance between Pakistan and ADB, spanning over four decades now, has helped raise millions of people from grinding poverty. Recently, however, the global economic recession that followed upsurge in prices of food and other commodities worldwide, coupled with an array of domestic challenges, have impacted Pakistan’s economic outlook negatively. The Government of Pakistan is addressing the immediate challenges to the country’s economic stability with the help of financial assistance provided by partners, including an International Monetary Fund-backed stabilization program.
CitationAsian Development Bank. 2010. Asian Development Bank and Pakistan: Fact Sheet. © Asian Development Bank. http://hdl.handle.net/11540/5748.
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