Tag: ADB
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ADB to Scale Up Support for Philippines’ Infrastructure, Health, Job Recovery
ADB sovereign lending to the Philippines is expected to reach $9.4 billion between 2021 and 2023, with at least two-thirds going into infrastructure, health,...
ADB $93 Million Loan to Boost Skills Development and Inclusive Growth in Uzbekistan
The Asian Development Bank (ADB) today announced that it has approved a $93 million loan to help enhance competitiveness in Uzbekistan and boost inclusive...
Developing Asia to Contract 0.4% in 2020, Grow by 6.8% in 2021
Economic activity in developing Asia is forecast to contract by 0.4% this year, before picking up to 6.8% in 2021 as the region moves...
ADB Approves 2021 Administrative Budget
The Asian Development Bank (ADB) today approved a 2021 administrative budget (internal administrative expense budget) of $771.2 million. This represents a 4.7% increase over...
$500 Million ADB Loan to Expand Financial Inclusion in Indonesia
The Asian Development Bank (ADB) has approved a $500 million policy-based loan to support the Government of Indonesia’s efforts to expand financial access among...