MANILA, PHILIPPINES (25 September 2024) — The Asian Development Bank (ADB) has maintained its forecast of 4.8% economic growth in the People’s Republic of China (PRC) this year, according to the latest ADB report. The growth outlook remains balanced amid a …
Agenda Click to view Time of Event 8:30, Beijing time Summary Energy security is essential to national and regional security and economic growth and stability. However, it has become increasingly complex and challenging in recent decades due to several …
THIMPHU, BHUTAN (24 September 2024) — Asian Development Bank (ADB) President Masatsugu Asakawa reaffirmed ADB’s commitment to supporting Bhutan’s development goals and praised the country’s recent achievements during a 3-day official visit to the country. …
MANILA, PHILIPPINES (24 September 2024) — The Asian Development Bank (ADB) and the Government of Bhutan have signed a $30 million loan agreement for the Distributed Solar for Public Infrastructure Project. The project aims to generate up to 35 megawatts of …
MANILA, PHILIPPINES (24 September 2024) — The Asian Development Bank (ADB) has launched a new country partnership strategy (CPS) with Fiji for 2024–2028, which will support Fiji’s resilience to economic and climate-related shocks. “This new CPS will build …
MANILA, PHILIPPINES (24 September 2024) — The Asian Development Bank (ADB) today announced a set of actions to mainstream lead exposure mitigation into its operations, as part of its participation in the newly formed Partnership for a Lead-Free Future, a …
NEW YORK, UNITED STATES (23 September 2024) — United Nations Secretary-General António Guterres and top UN officials met with the Heads of Multilateral Development Bank (MDB) Group on Sunday in a joint effort to better support countries in accelerating …
MANILA, PHILIPPINES (20 September 2024) — Multilateral development banks (MDBs) announced today that their global climate finance reached a record high of $125 billion in 2023. The combined total last year from institutions, including the Asian Development …
MANILA, PHILIPPINES (20 September 2024) — The Asian Development Bank (ADB) has approved a $50 million loan to improve water resources management, access to water, and community resilience to the effects of climate change in the state of Meghalaya, India. “ …
MANILA, PHILIPPINES (20 September 2024) — The Asian Development Bank (ADB) has approved a $500 million policy-based loan to help Indonesia accelerate its energy transition. The Affordable and Sustainable Energy Transition Program will support various …
MANILA, PHILIPPINES (19 September 2024) — The Asian Development Bank (ADB) today approved a $300 million sector development program to support the Government of Uzbekistan’s efforts to expand access to finance for unbanked and underbanked microenterprises, …
MANILA, PHILIPPINES (19 September 2024) — The Asian Development Bank (ADB) has approved $109.5 million in financing to enhance the national road around the Issyk-Kul Lake, one of the most popular tourist destinations in the Kyrgyz Republic and a strategic …
The Asian Development Bank (ADB) has launched a new country partnership strategy (CPS) that sets a specific agenda to support the Philippines’ transformation in the next 6 years. It is designed to ensure that growth is not only sustained but is also …
ADB’s Country Partnership Strategy 2024-2028 for Bhutan will help the country address economic obstacles and enable inclusive, sustainable, resilient, and job-creating growth. It will reinforce the government’s development programs by strengthening public …
ISLAMABAD, PAKISTAN (16 September 2024) — Asian Development Bank (ADB) President Masatsugu Asakawa and Pakistan President Asif Ali Zardari met today to discuss the government’s economic recovery and reforms and ADB’s continuing partnership to support …
DHAKA, BANGLADESH (17 September 2024) — The Asian Development Bank (ADB) has appointed Hoe Yun Jeong as its new Country Director for Bangladesh. Mr. Jeong will lead ADB’s operations in Bangladesh and policy dialogue with the interim government, development …
MANILA, PHILIPPINES (16 September 2024) — The Asian Development Bank (ADB) has approved a $131.5 million loan that will help improve a key railway line in Azerbaijan for better regional connectivity. The financing will complete the rehabilitation of about …
PORT VILA, VANUATU (16 September 2024) — The Asian Development Bank (ADB) and the Government of the Republic of Vanuatu today signed a grant agreement of almost $16.5 million to help fund Vanuatu’s Supporting the Delivery of Skills Development Project. …
MANILA, PHILIPPINES (16 September 2024) — The Asian Development Bank (ADB) has appointed Xinning Jia as Director General of its Strategy, Policy, and Partnerships Department (SPD). She assumed office today. As Director General she will lead the planning, …
NEW DELHI, INDIA (16 September 2024) — The Asian Development Bank (ADB) and the JBM Group have signed a INR 3.6 billion (about $43.2 million) non-convertible debenture loan to expand access to electric buses in the Indian states of Haryana and Odisha. The …
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