Egypt in talks with global lenders to shield budget from energy price shock
Egypt is working around the clock with international partners and financial institutions to secure concessional…
Browsing Tag
Asian Development Bank (ADB)
ADB Approves $233.1m loan for Uzbekistan road
The Asian Development Bank (ADB) has approved a $233.1 million loan to Uzbekistan to modernise 87 km of the Central…
ADB approves $800m for Pakistan fiscal reforms
The Asian Development Bank (ADB) has approved an $800 million programme aimed at enhancing fiscal sustainability…
ADB prices $4b global bond due ’30
The Asian Development Bank (ADB) has set the price for a $4 billion 5-year global bond, with the proceeds to be…
ADB urges action on digital divide in Asia-Pacific
Digitalisation can help reduce economic inequality in Asia and the Pacific, but governments must address digital…
ADB signs $2.75b sustainable infrastructure agreement
The Asian Development Bank (ADB) has entered into a partnership with ten major global insurers to raise up to $2.75…
ADB’s chairman sees opportunity in regional challenges
Asian Development Bank (ADB) President Masato Kanda described the challenges facing Asia and the Pacific as…
ADB, Japan launch $20m trust fund
The Asian Development Bank (ADB) and Japan have initiated a new trust fund to support private sector development in…
ADB boosts food security funding to $40b by ’30
The Asian Development Bank (ADB) plans to increase its support for long-term food and nutrition security in Asia…
ADB approves $150m loan to boost MSME in India
The Asian Development Bank (ADB) and Shriram Finance Limited signed on Monday a $150 million loan agreement to…
ADB approves $500m loan for Philippine labour programmes
The Asian Development Bank (ADB) approved on Thursday a $500 million loan to support the Philippine government's…
ADB provides $70m loan to expand affordable housing in India
The Asian Development Bank (ADB) and Vastu Housing Finance Corporation Limited (Vastu) signed a senior secured loan…
ADB offers $50m in loan to finance MSME in Uzbekistan
The Asian Development Bank (ADB) and Hamkorbank have agreed to a loan of 625 billion Uzbek sum (about $50 million)…
ADB offers loan to boost Indian MSMEs, EV sector
The Asian Development Bank (ADB) and SK Finance Limited have signed a $100 million loan agreement to support…
ADB to finance Papua New Guinea’s public sector reform
The Asian Development Bank (ADB) and the Government of Papua New Guinea (PNG) have agreed on a $100 million loan to…
ADB approves loan to boost Andhra Pradesh’s green city
The Asian Development Bank (ADB) approved on Thursday a $788.8 million results-based loan in Japanese yen (¥121.97…
ADB approves $500m loan to support Philippines’ PFM reforms
The Asian Development Bank (ADB) approved a $500 million loan to support the Philippines in implementing public…
ADB, NaBFID partner for India’s infrastructure
The Asian Development Bank (ADB) and India's National Bank for Financing Infrastructure Development (NaBFID) have…
ADB Approves $22.58M for Kyrgyz Republic
The Asian Development Bank (ADB) announced on Monday that it had approved a $22.58 million small expenditure…
ADB approves $199.5m to upgrade Fiji’s critical bridges
The Asian Development Bank (ADB) has approved a $199.5 million project aimed at upgrading critical bridges on…
ADB, Mastercard partner to boost MSMEs in Asia, Pacific
The Asian Development Bank (ADB) and the Mastercard Impact Fund partnered to support micro, small, and medium-sized…
ADB backs Philippines with $500m climate loan
The Asian Development Bank (ADB) approved a $500 million policy-based loan to support the Philippines in addressing…
ADB provides $50m to boost Cambodia’s competitiveness
The Asian Development Bank (ADB) approved on Tuesday a $50 million policy-based loan to help Cambodia improve its…
ADB approves $200m loan to boost Sri Lanka’s financial sector
The Asian Development Bank (ADB) approved a $200 million policy-based loan to further support Sri Lanka's efforts…
ADB approves loan to support Uzbek climate transition
The Asian Development Bank (ADB) approved a $250 million policy-based loan to help Uzbekistan strengthen its…
MDBs pledge to boost climate financing – ADB
Multilateral development banks (MDBs) issued a joint statement at COP29, outlining ambitious plans to increase…
ADB approves $150m loan to boost China’s ecological resilience
The Asian Development Bank (ADB) approved a $150 million loan to improve ecological and climate resilience in Qixia…
ADB approves loan for road project in Kazakhstan
The Asian Development Bank (ADB) approved a $291.49 million local currency loan for the reconstruction of 208…
Vietnam to cut interest rates 0.7% in ’25
Vietnam is poised to continue its accommodative monetary policy in 2025, with interest rates projected to decrease…
ADB approves $200m loan to improve urban services in India
The Asian Development Bank (ADB) approved a $200 million loan to upgrade water supply, sanitation, urban mobility,…
ADB grants $1.8m for urban development project in Laos
The Asian Development Bank (ADB) approved over $1.8 million to support an urban renewal project in Vangvieng, Laos.
ADB provides $53m funding for Solomon Islands’ transport project
The Asian Development Bank (ADB) approved a second tranche of financing totalling $53 million for the Government of…
ADB approves $47m loan for Azerbaijan’s railways
The Asian Development Bank (ADB) approved a $47 million loan to support Azerbaijan in digitalising its railway…
ADB revises Kazakhstan’s growth outlook at 3.6% in ’24
The Asian Development Bank (ADB) has slightly lowered its economic growth forecast for Kazakhstan in 2024 to 3.6…
ADB: China’s growth outlook steady at 4.8% in ’24
The Asian Development Bank (ADB) kept its forecast of 4.8 per cent economic growth in China this year.
Nepal’s economy forecast to grow by 4.9% in FY’25 – ADB
The Asian Development Bank (ADB) predicts Nepal's economy will grow by 4.9 per cent in FY2025, up from 3.9 per cent…
ADB maintains 6% growth forecast for Philippines in ’24
The Asian Development Bank (ADB) kept its growth forecast for the Philippine economy at six per cent for 2024 and…
ADB raises Asia’s growth forecast to 5% in ’24
The Asian Development Outlook September 2024 revised upward its growth projection for developing Asia and the…
ADB launches new country partnership strategy with Fiji
The Asian Development Bank unveiled a new country partnership strategy (CPS) with Fiji for 2024–2028 to enhance…
ADB approves $30m loan for Bhutan’s distributed solar project
The Asian Development Bank and the Government of Bhutan signed a $30 million loan agreement to support a project…