ADB to Fund Pakistan Border Infrastructure Upgrade, Boosting Trade & Connectivity

The Asian Development Bank (ADB) is expected to approve a "Border Connectivity and Logistics Upgrade Facility" for Pakistan soon, the Ministry of Commerce announced. This initiative aims to modernize Pakistan's border infrastructure and strengthen regional trade, connectivity, and economic integration with CAREC member countries. The facility will support key regional initiatives, including trade facilitation and logistics cooperation. This foreign investment could provide long-term support to Pakistan's economy and currency stability, potentially easing pressure on USD/PKR rates.

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