Islamabad (Web Desk): Finance Minister Ishaq Dar on Friday stated that the Asian Development Bank's (ADB) Board has approved Building Resilience with Active Countercyclical Expenditures (BRACE) facility of $1.5 billion for Pakistan.
In a post on his Twitter handle, the finance minister said that agreement signing and release of funds will take place next week.
AlhamdoLilah!
— Ishaq Dar (@MIshaqDar50) October 21, 2022
Asian Development Bank’s Board has approved today BRACE facility of US Dollars 1.5 Billion for Pakistan.
Agreement signing and release of funds in the week beginning Monday 24th Oct 2022.