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MANILA, PHILIPPINES - ADB this week approved assistance totaling US$1.333 billion for Pakistan, including $300 million in grants and loans for reconstruction of areas worst hit by the October earthquake; up to $770 million for a new financing product and a $3 million loan to promote highway development; $60 million in loans to clean up the urban environment for 1.4 million people in Rawalpindi, Punjab; and a $200 million loan for the second phase of a resource management program in Punjab.

• $300 Million in Assistance for Pakistan to Rebuild Areas Worst Hit by Earthquake
• $773 Million from ADB to Improve Pakistan's National Highway Network
• $200 Million Approved for Second Phase of Resource Management Program in Punjab, Pakistan
• Improving the Urban Environment in Rawalpindi, Pakistan