Search For "development bank"
Secretary Yellen to travel to India for G20 Leaders’ Summit: US
Updated : 2 years, 6 months ago IST
On her fourth visit to India in 10 months, Secretary Yellen will focus on strengthening the global economy and supporting low and middle-income countries by advancing the Multilateral Development Bank (MDB) evolution, debt restructuring, and the IMF’s Poverty Reduction and Growth Tr
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ADB approves USD 30-mln loan to improve education sector in Bhutan
Updated : 2 years, 6 months ago IST
The Asian Development Bank (ADB) has approved a USD 30 million loan to improve Bhutan’s technical and vocational education and training (TVET) system and enhance the skills and employability of its youth.
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ADB, Fourth Partner Energy to build solar power unit in Tamil Nadu
Updated : 2 years, 6 months ago IST
The power plant, located in Tirunelveli district in Nadu, is expected to generate about 50.7 gigawatt-hours of electricity annually and will directly sell power to commercial and industrial users.
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Pakistan requests USD 300 million loan from Asian Development Bank for wat
Updated : 2 years, 6 months ago IST
Pakistan requested the Asian Development Bank (ADB) for a USD 300 million loan for the water project.
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B20 Summit: UN Special Envoy urges multilateral development banks to focus
Updated : 2 years, 6 months ago IST
Mark Carney, UN Special Envoy for Climate Action and Finance, Co-Chair of Glasgow Financial Alliance for Net Zero (GFANZ) and Chair and Head of Transition Investing at Brookfield Asset Management, addressed the need for a shift in the operational orientation of Multilateral Development Banks
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Green energy can generate USD 90-100 bln revenue in Southeast Asia by 2030
Updated : 2 years, 6 months ago IST
The report explored how to support the development of the clean energy manufacturing sector in Southeast Asia and help countries reap its immense economic potential while mitigating the impacts of climate change.
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Increased cost-of-living undermines fight against poverty in Asia and Paci
Updated : 2 years, 6 months ago IST
The increased cost-of-living crisis sparked by surging inflation last year, combined with the lingering effects of the COVID-19 pandemic, is continuing to push people in Asia and the Pacific into extreme poverty, according to a new report by the Asian Development Bank (ADB).
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ECI inks three MoUs with leading banks, insurance companies in Ethiopia
Updated : 2 years, 6 months ago IST
Reaffirming its commitment to secure UAE exports and investments, ECI has formalised MoUs with the Commercial Bank of Ethiopia, the country's renowned financial institution; the state-owned Development Bank of Ethiopia; and the Ethiopian Insurance Company, the primary insurance solutions pro
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ADB approves USD 40.5 mln loan for childhood development, maternal mental
Updated : 2 years, 7 months ago IST
The Asian Development Bank (ADB) has approved a USD 40.5 million loan for integrated early childhood development and maternal mental health in the northeastern state of Meghalaya, the multilateral bank said in a release.
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RBI Governor pitches for global debt data sharing platform
Updated : 2 years, 7 months ago IST
Stating that high and unsustainable debt levels have severely constrained the fiscal capacity of many countries, Reserve Bank of India Governor Shaktikanta Das on Friday pitched for a global debt data-sharing platform as part of a solution.
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Pakistan Finance Ministry says rising poverty, food insecurity, inflation
Updated : 2 years, 7 months ago IST
In its first quarterly performance report to the Asian Development Bank (ADB) on USD 1.5 billion Building Resilience with Active Country-cyclical Expenditures (BRACE) released on Thursday, the Ministry of Finance said the financial progress remained satisfactory on Countrycyclical Developmen
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Strengthening multilateral development banks primary focus of G20 India: S
Updated : 2 years, 7 months ago IST
Union Finance Minister Nirmala Sitharaman on Friday said that the primary focus of India's G20 Presidency has been to strengthen multilateral development banks (MDB) and to address their shared global development goals.
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