News

Georgia needs more investment in human capital to assure the well-being of its future generations

Young people in the Europe and Central Asia region are being provided with the opportunities needed to grow into productive adults. However, the COVID-19 pandemic is threatening the gains made so far, as governments struggle to maintain health and education services in the face of restrictions to protect public health, including school closings.

ADB grant to boost Mongolia’s medical response to COVID-19 threat

The Asian Development Bank (ADB) has approved a further grant to Mongolia of $1.5 million from the Asia Pacific Disaster Response Fund (APDRF) to boost medical responses to the threat posed by the coronavirus disease (COVID-19) pandemic. The financial assistance is sourced from the Government of Japan’s contribution to APDRF.

ADB plans $323 million in grants to support Tajikistan during 2021–2023

The Asian Development Bank (ADB) plans to provide $323 million in grants to Tajikistan from 2021–2023 to help address the country’s development needs, according to the bank’s updated Country Operations Business Plan. In addition, $5.25 million is planned as technical assistance for knowledge and project preparation over the same period.

How ADB and UNICEF Partnered to Fight COVID-19

A partnership between ADB and UNICEF which, in a very short time, is delivering some $18 million of critical supplies to more than two dozen countries—and playing an important role in limiting the spread and impact of this deadly pandemic in the Asia and Pacific region.

COVID-19 Pandemic May Result in a Long-term Human Development Crisis in Central Asia, Warn World Bank Experts

The COVID-19 pandemic can have a detrimental and long-lasting impact on education and human capital, economic and social development in Central Asian countries, where schoolchildren and students make up nearly half of the overall population, warned World Bank experts at an online briefing.

ADB approves $100 million loan to help strengthen Uzbekistan’s resilience to health emergencies

The Asian Development Bank (ADB) has approved a $100 million loan to strengthen Uzbekistan’s resilience to public health emergencies, including the coronavirus disease (COVID-19) pandemic, by steadily improving testing, diagnosis, and the management of COVID-19 cases over the next 2 years.

Five Charts That Illustrate COVID-19’s Impact on the Middle East and Central Asia

The Middle East and Central Asia countries acted quickly and decisively in response to COVID-19. Despite their efforts, the pandemic has inflicted heavy economic damage on the region. Growth projections have been revised down since the April 2020 Regional Economic Outlook, the IMF says in its latest update to the report.

ADB President, Deputy Prime Minister of Uzbekistan discuss partnership and ongoing COVID-19 support

Asian Development Bank (ADB) President Masatsugu Asakawa and Uzbekistan’s Deputy Prime Minister, Minister of Investments and Foreign Trade, and ADB Governor Sardor Umurzakov discussed ADB’s ongoing support for Uzbekistan’s fight against the coronavirus disease (COVID-19) pandemic and the bank’s portfolio of projects in the country.

World Bank appoints new country manager for Uzbekistan

Marco Mantovanelli started his assignment as World Bank Country Manager for Uzbekistan on July 1, 2020, replacing Hideki Mori who was in this position since March 2017.

ADB, Mongolia sign projects for COVID-19 shock response, economic cooperation zone, solid waste management

The Asian Development Bank (ADB) and the Government of Mongolia signed three projects to lessen the socioeconomic impacts of the coronavirus disease (COVID-19) pandemic on poor and vulnerable groups in Mongolia, to help support Mongolia’s post-pandemic recovery by developing an economic cooperation zone, and improve solid waste management.