Asian Development Bank (ADB) has stated that the volume of its financial support, once finalized, will be contingent upon the approval of ADB management and its Board of Directors. ADB issued a statement regarding reports on budget assistance to the government of Pakistan and stated that the ADB is discussing with the government of Pakistan plans to provide budget support programs, results-based and project assistance to help improve Pakistan''''s competitiveness and fiscal sustainability.
ADB can help the government manage external debt and the balance of payments and maintain the momentum of macroeconomic and structural reforms to support economic stability and expansion. ADB is pleased with the progress of discussions with the Government of Pakistan on these issues. These discussions are ongoing and details of the plans as well as the volume of ADB''''s financial support, once finalized, will be contingent upon the approval of ADB management and its Board of Directors.-PR
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