News

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.

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.

IMF Executive Board approves $99 million disbursement under the Rapid Financing Instrument to Mongolia to address the COVID-19 pandemic

This emergency financial assistance will help support foreign exchange reserves, create fiscal space for essential pandemic-related expenditure, and catalyze donor support.