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).

World Bank-supported project finances cash transfers to protect vulnerable children in Tajikistan

Up to 50,000 low-income families with young children in Tajikistan will receive a one-time payment of 500 Tajik somoni as emergency social assistance. These payments are provided as part of the World Bank-financed Tajikistan Emergency COVID-19 Project.

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 $20 million COVID-19 package to boost Kyrgyz Republic’s health sector

ADB’s finance consists of a $10 million emergency loan and a $10 million grant. The project will improve facilities at hospitals designated as COVID-19 treatment centers in the country.

Kyrgyz Republic receives World Bank financing to scale-up disaster resilience and seismic performance of school buildings

The World Bank’s Board of Directors approved Additional Financing for the Enhancing Resilience in the Kyrgyz Republic Project in the amount of $55 million.

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.

World Bank helps Tajikistan inform public on COVID-19 risks

To leverage on increased mobile network connectivity, the World Bank recently launched an SMS-based platform to communicate information about the risks of coronavirus and ways to minimize these risks.

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.