News

ADB to support economic cooperation zone for Mongolia

he Asian Development Bank (ADB) has approved a $30 million loan to develop and operationalize Mongolia’s Zamyn-Uud free zone, which is part of a proposed economic cooperation zone between the country and the People’s Republic of China (PRC).

ADB, APPC sign loan for gas-fired power plant to enhance Afghanistan’s energy security

The Asian Development Bank (ADB) and the Afghan Power Plant Company Limited (APPC) signed a $10 million loan as part of a financing package for the Mazar gas-fired power plant, supporting Afghanistan’s efforts to achieve long-term energy security through affordable domestic power sources

ADB approves $50 million grant to support Tajikistan COVID-19 response

The Asian Development Bank (ADB) has approved a $50 million grant to help the Government of Tajikistan mitigate the adverse economic and social impacts of the coronavirus disease (COVID-19) pandemic.

ADB $500 million loan to help protect poor, strengthen Pakistan’s COVID-19 health and economic response

The Asian Development Bank (ADB) has approved a $500 million loan to help the Government of Pakistan deliver social protection programs to the poor and vulnerable, expand health sector capabilities, and deliver a pro-poor fiscal stimulus to boost growth and create jobs as the country fights the novel coronavirus disease (COVID-19) pandemic.

ADB, Pakistan sign $5.28 mllion Norwegian grant to strengthen COVID-19 response

The Asian Development Bank (ADB) and the Government of Pakistan signed an agreement to expand support for Pakistan’s response to the novel coronavirus disease (COVID-19) pandemic in Khyber Pakhtunkhwa province through the National Disaster Risk Management Fund.

Signing ceremony for ADB $300 million emergency COVID-19 loan to Pakistan

The Asian Development Bank (ADB) and the Government of Pakistan signed the loan agreement for a $300 million emergency assistance loan initially approved by the bank on 19 May.

ADB and Ipoteka Bank Partner to Support Trade in Uzbekistan

The Asian Development Bank’s (ADB) Trade Finance Program and Ipoteka Bank from Uzbekistan signed an agreement providing guarantees to support trade in the country.

ADB President, President of Azerbaijan discuss combating COVID-19 and enhancing partnership

The two leaders discussed possible options for ADB’s support to Azerbaijan and whether additional policy measures may be required to further mitigate the socioeconomic risks of the pandemic and stimulate the financial and private sectors to enable the country’s economy to more quickly return to sustainable growth.

ADB $100 million loan to mitigate adverse health, economic impacts of COVID-19 in Georgia

The Asian Development Bank (ADB) has approved a $100 million loan to help the Government of Georgia contain the spread of the novel coronavirus disease (COVID-19) pandemic, mitigate the impact on businesses, and protect the livelihoods of the most vulnerable, including women and children.

New ADB tool offers roadmap to unblock supplies of life-saving products

ADB’s Trade Finance Program and Supply Chain Finance Program is helping resolve this through a new online tool which maps these supply chains, allowing governments, banks, investors, and healthcare professionals to pinpoint companies making these products and intervene to clear any blockages.