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The Asian Development Bank has accepted an offer of a contribution from Pakistan of Rupees 2,240,000 (equivalent to about US$64,000) to the Bank's Technical Assistance Special Fund (TASF). The Fund is the main source of financing for the Bank's technical assistance grants to its developing member countries.
This will be Pakistan's 20th contribution to the TASF.
As with Pakistan's last thirteen contributions, the latest contribution will be available for procurement from all the Bank's developing member countries.
ADB President Mitsuo Sato expressed the Bank's appreciation for the contribution in a letter to Bank Executive Director Vicente R. Jayme representing the Islamic Republic of Pakistan.