Pakistan signed a USD 350 million loan agreement with the Asian Development Bank (ADB). According to Radio Pakistan, the loan has been granted in order to boost women's financial inclusion and economic empowerment.

As reported by PTI, the agreement under the Women Inclusive Finance (WIF) Sector Development Programme was signed on Tuesday by Sabina Qureshi, who is the Additional Secretary of the Economic Affairs Division, and Dinesh Raj Shiwakoti, Head of the Project Administration Unit, Radio Pakistan reported.

While addressing the loan granted to Pakistan by ADB, Radio Pakistan also stated, “This programme will provide ample opportunities to women for better access to financial services, expand business opportunities, and create new employment opportunities.”