Promoting Investments and Economic Growth through International Trade (ADB-51204-002)

Countries
  • Pakistan
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Sep 17, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Pakistan
The holder of the loan, grant, or other investment.
Sectors
  • Industry and Trade
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Feb 20, 2019

Disclosed by Bank Oct 8, 2018


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Project Description

According to the bank website, "the proposed knowledge and support technical assistance (TA) from Asian Development Bank (ADB) will support the operationalization of the EXIM Bank of Pakistan (EXIMBP) which will provide trade financing facilities to help local exporters get access to much needed financing to competitively trade internationally. Overtime, this will help the economy increase and diversify its export base and promote long-term economic growth. The TA will build on the outputs by International Financial Consulting under TA-8832 which produced a draft operational roadmap for EXIMBP."

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Responsible ADB Officer Torres, Adrian
Responsible ADB Department Central and West Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, CWRD
Executing Agencies Ministry of Finance, Revenue and Economic Affairs
Block Q, Pakistan Secretariat, Islamabad, ICT, Pakistan 44000

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main