Cash-strapped Pakistan secures $658 million ADB package

The announcement by the Manila-based lending agency came as the World Bank’s Debt Management and Sustainability Mission met with Finance Minister AKhtar to review the debt management of the country Cash-strapped Pakistan has secured $658 million financing package, including an expensive $300 million loan at market rates, from the Asian Development Bank, days after Finance Minister Shamshad Akhtar declared the country's public debt as “unsustainable”.Source:thehindu.com