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May 4, 2024
ISLAMABAD: The Central Development Working Party (CDWP) approved as many as 10 development projects with a total...
December 8, 2023
THE Asian Development Bank (ADB) has given the green light for a $200 million loan to further assist the Philippines in developing climate-resilient and environmentally friendly public infrastructure.
December 4, 2023
THE Philippines is set to receive $10 billion from the Asian Development Bank (ADB) as climate financing between 2024 and 2029. In a statement on Monday, ADB President Masatsugu Asakawa said the financing will help the Philippines implement its commitments to climate action under the Paris Agreement. ADB noted that…
November 11, 2023
People of Namuavoivoi, Lekutu, Bua, are investing in natural resource management through climate smart agriculture, which addresses the interlinked challenge of food security and climate change....
September 20, 2023
THE recent spike in inflation prompted the Asian Development Bank (ADB) to revise its growth forecast for the Philippines this year. In its latest Asian Development Outlook (ADO) report, ADB said the Philippine GDP growth is expected to average 5.7 percent, three percentage points lower than its estimate in April. Data from the Philippine Statistics
September 14, 2023
MANILA — The Asian Development Bank (ADB) has approved a $303 million loan to reduce flood and climate risks and protect people and livelihoods in three major river basins in the Philippines, one of the most vulnerable countries to the effects of cli
September 13, 2023
THE Asian Development Bank (ADB) said Wednesday it has approved a $303-million loan for an infrastructure project that is expected to reduce flood and climate risks and protect people and livelihoods in three major river basins in the Philippines. In a statement on Wednesday, ADB said Phase 1 of the…
May 27, 2023
ISLAMABAD: In order to improve livelihoods and essential services and enhance risk protection in communities affected by the 2022 floods, the World Bank has approved $213 million in financing for...
May 27, 2023
ISLAMABAD: The World Bank’s Board of Executive Directors has approved $213 million in financing to improve...
May 27, 2023
The project will provide housing reconstruction grants to approximately 35,100 homeowners to rebuild their homes.