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Business News: ADB clears $150 million loan for urban poor housing project in Tamil Nadu

ADB clears $150 million loan for urban poor housing project in Tamil Nadu : Rashtra News Multilateral funding agency Asian Development Bank has approved a USD 150 million (about Rs 1,095 crore) loan for a sustainable housing project for the urban poor in Tamil Nadu. The loan to provide access to inclusive, resilient, and sustainable
Tamil Nadu Asia Ricardo Carlos Barba Tamil Nadu Shelter Fund Asian Development Bank Technical Assistance Special Fund Safeguards Specialist

IMF, ADB loans to boost reserves in Dec: Bangladesh Bank

Bangladesh's forex reserves : Bangladesh's foreign exchange reserves will increase in December as the country will receive $1.31 billion loans from various sources, including $689 million of the second tranche of the International Monetary Fund (IMF) loan, a top Bangladesh Bank official said today. IMF will give $689 million, ADB $400 million and other sources $220 million
United States South Korea Mezbaul Haque Bangladesh Bank Asian Development Bank International Monetary Fund

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Philippines gets US$1bil ADB loan for low-carbon bus programme

The Asian Development Bank has approved a US$1 billion loan to help one of Philippines' largest cities procure a fleet of more than 1,000 electric and Euro-5 standard diesel buses, in an important step towards modernising the country's ageing public transport system.
France General Davao City Asia Shuji Kimura Asian Development Bank Transport Specialist Southeast Asia Shuji

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