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	<title>Asian Development Bank &#8211; The Milli Chronicle</title>
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	<title>Asian Development Bank &#8211; The Milli Chronicle</title>
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		<title>Asian development bank approves $180 mln loan for Pakistan</title>
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		<dc:creator><![CDATA[NewsDesk Milli Chronicle]]></dc:creator>
		<pubDate>Tue, 28 Nov 2023 11:32:01 +0000</pubDate>
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					<description><![CDATA[Karachi (Reuters) &#8211; The Asian Development Bank said on Tuesday it had approved a $180 million loan to improve water]]></description>
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<p><strong>Karachi (Reuters) &#8211;</strong> The Asian Development Bank said on Tuesday it had approved a $180 million loan to improve water supply and solid waste management services in two cities in Pakistan&#8217;s Punjab province.</p>



<p>&#8220;This project will help make municipal services in these two cities more sustainable, resilient, and less carbon-intensive,&#8221; ADB Director General for Central and West Asia Yevgeniy Zhukov said in a statement.</p>



<p>The projects are for the cities of Rawalpindi and Bahawalpur, and the loan is part of a total of $10 billion which donors pledged to Pakistan to help it recover from last year&#8217;s devastating floods.</p>



<p>The floods, which scientists said were aggravated by global warming, affected at least 33 million people and killed more than 1,700 from the beginning of the monsoon season in mid-June until mid-November.</p>



<p>The donors include the Islamic Development Bank with $4.2 billion, the World Bank with $2 billion, Saudi Arabia with $1 billion, as well as the European Union and China. France and the United States also made contributions.</p>
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