Islamabad: Minister for Economic Affairs Omar Ayub Khan has acknowledged the receipt of 300 million dollars from Asian Development Bank (ADB) for energy sector reforms.

In a tweet on Friday, Economic Affairs Ministry said it will also help to strengthen forex reserves and stabilize exchange rate. The Minister said that approval of this program showed the confidence of International Financial Institutions on the reform agenda of the government and its successful implementation.

He reiterated the government’s commitment to further continue reforms in different sectors including economy, energy, capital markets, revenue and governance.