ADB approved a program of for Pakistan to improve public financial management (June 2025).

Explanation

– The Asian Development Bank (ADB) approved an $800 million program to help Pakistan improve its public financial management systems.
– Such programs typically support reforms in budgeting, expenditure tracking, and financial transparency within government institutions.
– The ADB has been a significant development partner for Pakistan across multiple governance and infrastructure sectors.
– Public financial management reforms are often linked to broader fiscal stabilization efforts supported by international lenders.