News

Growth accelerates in Europe and Central Asia as World Bank calls for more trade benefiting more people

Economic growth in Europe and Central Asia (ECA) will accelerate slightly in 2017, following the stabilization of oil prices, benefitting the eastern half of the region, and a continued recovery in the western half of the region.

World Bank supports energy security in Tajikistan

The rehabilitation of the Nurek Hydropower Plant will help secure electricity supply in winter and boost economic productivity.

EBRD, EU, and TBC Bank to help Georgia companies grasp new trade opportunities

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are expanding their joint program with TBC Bank to support the development of small and medium-sized enterprises in Georgia by adopting EU standards to make them more competitive on international markets.

New ADB country director for Tajikistan assumes office

Pradeep Srivastava assumes office as the new Asian Development Bank (ADB)’s Country Director for Tajikistan

Tajikistan develops national road safety strategy

Around 70 participants from the government, private sector, civil society organizations, academia, and development partners discussed a framework and priority actions of a Tajikistan national strategy on reducing road crash deaths and injuries during a workshop organized by the Asian Development Bank (ADB).

New ADB Pakistan country director assumes office

The Asian Development Bank (ADB) has appointed Xiaohong Yang as new Country Director for Pakistan. Ms. Yang, who assumed office on April 24, 2017, is the first woman to head ADB’s resident mission to the country.

ADB approves $80 million for Uzbekistan railway electrification

The Asian Development Bank (ADB) has approved an $80 million loan for the electrification of 145 kilometers of railway in Uzbekistan, linking the cities of Pap, Namangan, and Andijan.

World Bank and AIIB sign cooperation framework

The memorandum of understanding provides an overall framework for cooperation between the World Bank Group and the Asian Infrastructure Investment Bank (AIIB) in common areas of interest, including development financing, staff exchanges, and analytical and sector work.

ADB, Afghanistan launch transport sector master plan update

The Asian Development Bank (ADB) and the Government of Afghanistan unveiled a comprehensive Transport Sector Master Plan Update that will help Afghanistan develop its transport infrastructure covering roads, railways, civil aviation, urban transport, trade logistics, and other related operations.

CAREC aviation officials discuss regional air cooperation

Aviation officials and airline representatives from 11 member countries of the CAREC Program met in Singapore to discuss potential for enhanced regional air transport connectivity and cooperation.