Estonia: Use robust growth to improve income equality and well-being
Estonia’s economy
is performing well, and public finances are in excellent shape, yet growth is
softening and spending pressures from infrastructure needs and an ageing
population are...
Nepal Solve-a-thon 2019: Young data enthusiasts tackle development challenges
A two-day Solve-a-thon, the first of its kind, was organized by the World
Bank and The Asia Foundation with support from UKAID at the Kathmandu
University...
Vietnam’s Economy Expanded by 6.8 Percent in 2019 but Reforms are Needed
Vietnam’s economy has performed well in 2019, with GDP expanding by an
estimated 6.8 percent, public debt reduced by almost 8 percentage point of GDP
since...
ADB, XacBank Sign Private Sector Loan to Support MSMEs in Mongolia
The Asian Development Bank (ADB) and XacBank signed today a $30 million
A loan agreement—as part of a financing package which includes cofinanciers—to
support expansion of...
Managing forests with community participation in Kenya
“It’s always better to involve us,” says
Kibarisho Leintoi, a 36-year-old Masai mother of eight children. “Even though I
cannot read or write, I know what...
Asia is set to support global coal demand for the next five years
Global coal demand is expected to decline in 2019 but remain broadly
stable over the next five years, supported by robust growth in major Asian
markets,...
Consumers and businesses to save money thanks to new EU cross-border payments rules
As of today, consumers and businesses in
non-eurozone Member States will enjoy cheaper cross-border payments in euro.
New EU rules will ensure that all cross-border payments...
SDG 7: Win-Win for Ending Energy Poverty and Protecting the Climate
In 2015, the climate and development agendas crossed paths with the
adoption of the Sustainable Development Goals for 2030 and the Paris Agreement.
While climate change...
E-Commerce Can Spur Growth, Boost Trade in South Asia
E-commerce can become a driver of growth across South Asia and boost
trade between the region’s countries, but its potential remains largely
untapped, says a new...
AIIB Invests USD500M to Support Turkey’s Urban and Energy Infrastructure
The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors
recently approved two investment projects in Turkey totaling USD500 million.
These projects will help the country advance...