Search For "asian development bank"
ADB Governors approve USD 1.42 billion in 2023 allocable net income
Updated : 1 year, 10 months ago IST
USD 1.005 billion to ADB's ordinary reserve to support the bank's capital growth and provide an earnings base to generate income;
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ADB operations reach USD23.6 billion in 2023, achieve record climate finan
Updated : 1 year, 10 months ago IST
The Asian Development Bank (ADB) committed USD 23.6 billion from its own resources in 2023, including USD 9.8 billion for climate action, to help Asia and the Pacific progress on sustainable development.
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ADB charts course for sustainable growth with strategy 2030, unveils strat
Updated : 1 year, 11 months ago IST
According to ADB, under its Strategy 2030, ADB continues to sustain efforts to address the changing needs of the region through innovative initiatives and strategic reforms.
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Chinese economy to moderate in 2024: ADB
Updated : 1 year, 11 months ago IST
Chinese economy is forecast to grow 4.8 per cent in 2024, amid a recovery of household consumption, ongoing property market adjustment, and weak external demand, according to the latest report published by the Asian Development Bank (ADB).
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ADB raises India's growth forecast
Updated : 1 year, 11 months ago IST
The Asian Development Bank (ADB) has upgraded India's gross domestic product (GDP) growth forecast for financial year 2024 from 6.7 per cent to 7 per cent and 7.2 per cent in financial year 2025.
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ADB terms political unrest as risk towards economic stabilisation, reforms
Updated : 1 year, 11 months ago IST
The Asian Development Bank (ADB) cited political instability, devastating floods, and policy slippage as major obstacles to Pakistan's economic progress in its annual Asian Development Outlook Report 2024.
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ADB approves USD 100 mln loan to support small and medium-sized enterprise
Updated : 2 years ago IST
SMEs play a critical role in Sri Lanka's economy, contributing 52 per cent to the country's gross domestic product and employ 45 per cent of the population.
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Government of India, ADB sign USD 23 million loan agreement to strengthen
Updated : 2 years ago IST
The Government of India and the Asian Development Bank (ADB) today signed a $23 million loan agreement to enhance access to quality fintech education, research, and innovation at the Gujarat International Finance Tec-City (GIFT-City), Ministry of Finance said in a press release.
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Government of India, ADB join forces to enhance livability and mobility in
Updated : 2 years ago IST
According to a press release by the Ministry of Finance, the agreement for the Ahmedabad Peri-urban Livability Improvement Project was formalized by Juhi Mukherjee, Joint Secretary, Department of Economic Affairs, Ministry of Finance for the Government of India, and Rajesh Vasudevan, Officer
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OECD-ADBI roundtable charts course for Asia's financial reform: Empowering
Updated : 2 years ago IST
Hosted by the Asian Development Bank Institute (ADBI) in Tokyo, the roundtable aims to address critical challenges and opportunities in Asia's capital markets, particularly concerning the engagement of growth companies and the promotion of sustainability.
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Asian Development Bank raises USD 3.5 billion through global bond offering
Updated : 2 years ago IST
According to ADB Treasurer Pierre Van Peteghem, the issuance attracted substantial investor interest, totaling around USD 14 billion.
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EU carbon tariff alone won't curb global emissions, urges broader climate
Updated : 2 years ago IST
CBAM, slated to be operationalized in 2026, will entail import levies on carbon-intensive goods like steel, cement, and electricity, determined by the embedded carbon dioxide emissions in their production processes.
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