Pakistan

Historic Agreements Bring Long-Awaited TAPI Pipeline Closer to Reality

After years of negotiations, Turkmenistan, one of Central Asia’s largest energy suppliers, will export natural gas to South Asia’s critically underserved market through the 1,800-kilometer Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline. Read More

Inclusive Growth through Better Governance and Partnerships

Growth in the Asia and Pacific region is strong, but growth alone is not enough for the region to succeed in an era of global change, ADB's President said in his annual address to the Board of Governors. Read More

Governors' Seminar: How Can Asia Respond to the Global Economic Crisis

A global slowdown can have spillover effects on Asia's economies. How can the region rebalance, diversify and ensure everyone benefits from the boom? Read More

ADB Secures $12.4 Billion for Asian Development Fund

The funds will help improve the lives of millions of Asia's poorest through inclusive, sustainable growth. Read More

Overview

Pakistan's economy was held back by flood-related damages, growing by 2.4% in FY2011, down from 3.8% in the previous year. Higher growth will need faster implementation of structural reforms resulting in stronger revenue generation, no power shortages, and a transformation of the industrial and export sectors.

ADB is providing critical support to Pakistan for achieving prospective growth in the areas of energy, transportation, and water, and for reducing poverty.