News

New facility to improve ADB’s overall operations in Kyrgyz Republic

The Asian Development Bank (ADB) has approved a $10 million grant for the Multisector Activities Support Facility—the first project using the Small Expenditure Financing Facility modality in ADB. The facility aims to improve the efficiency, sustainability, responsiveness, and readiness of ADB-financed projects and programs in the Kyrgyz Republic.

ADB grant to support reforms aimed at diversifying Kyrgyz Republic’s economy

The Asian Development Bank (ADB) has approved a $50 million policy-based grant for the first subprogram of the Promoting Economic Diversification Program, which supports the Government of the Kyrgyz Republic’s efforts to diversify the economy through reforms aimed at improving the country’s trade and investment competitiveness, small and medium-sized enterprise (SME) development, public–private partnerships, and the link between skills development and industry needs.

ADB-supported irrigation project to improve Kazakhstan’s agricultural productivity

The Asian Development Bank (ADB) has approved a $249.8 million equivalent loan in local currency (tenge) to the Republican State Enterprise Kazvodkhoz, a state-owned enterprise dealing with water facilities, to help in the rehabilitation and improvement of irrigation networks serving 171,000 hectares of land in four provinces in Kazakhstan.

ADB grant to improve water resources, enhance productivity in Afghanistan

The Asian Development Bank (ADB) has approved a $348.78 million grant to help in the development of water resources in Kandahar province through the expansion of Dahla Dam, the country’s second largest dam.

ADB to upgrade two new border crossing points in Mongolia to ease Trade

The Asian Development Bank (ADB) has approved a $27 million loan as additional financing to expand the scope of an ongoing cross-border trade facilitation project in Mongolia, which will now include two new border crossing points.

New ADB country strategy to expand trade, drive economic growth in Georgia

The 5-year partnership strategy, from 2019–2023, supports the Government of Georgia’s overall development strategy to increase productivity and reduce poverty through closer economic integration with its neighbors and the rest of the world.

$500 million loan to Pakistan to boost trade, address deficit, and support economic reforms

The Asian Development Bank (ADB) has approved a $500 million policy-based loan to support the Government of Pakistan’s reforms to improve trade competitiveness and exports as a defense against external shocks and to help finance the country’s trade deficit.

ADB, Pakistan discuss new partnership strategy to drive economic growth

Asian Development Bank (ADB) and the Government of Pakistan held a series of country consultations to formulate a new Country Partnership Strategy, which will guide ADB’s engagement in the country from 2020 to 2024.

ADB-supported bus rapid transit system to improve transport in Karachi

The Asian Development Bank (ADB) has approved a $235 million loan to help develop a bus rapid transit system with innovative energy and climate resilience features that will enhance access to quality public transport for people in Karachi, Pakistan’s largest and most populated city.

ADB, Uzbekistan renew development partnership with new 5-year strategy

The new country partnership strategy, from 2019–2023, supports the Government of Uzbekistan's ongoing reforms to help the economy’s transition towards a more inclusive and market-driven growth path.