Page 8 - Adb News Today

The Asian Development Bank (ADB) is in talks to help finance up to US$600 million for the expansion of Jakarta’s mass rapid transit (MRT) project.

ISLAMABAD: The country borrowed $4.285 billion from multiple financing sources during the first five months...

Nabard and ADB team up, aided by Bill and Melinda Gates Foundation, to tackle climate challenges in Indias agriculture and rural sectors. They establish a Technical Support Unit at Nabard to address climate change threats, emphasizing resilience, as 55% of Indian banking assets face climate risks. Intellecap Advisory Services will manage the unit, leveraging its experience in climate-focused programs. Nabard invites ecosystem partners to join this transformative initiative.

It says inflation is expected to ease in the coming months on continued contractionary monetary policy

The project will help the RRTS improve urban mobility, and women and the differently abled will benefit from its economic impact, Mukherjee said. Passing through the populated sections of the national capital region, the 82-km corridor is aimed at providing fast, safe, and high-capacity commuter transit services, expanding economic and job opportunities by cutting travel time from three-four hours now to about one hour, according to one of the statements.

Funds from IMF and ADB loans raised the BPM6 count to $20.4 billion, Bangladesh Bank says

The Asian Development Bank (ADB) has announced that it has signed a grant of US$10 million with the Lao government to strengthen responses to food security in the country.

The Asian Development Bank (ADB) has forecast Vietnam s Gross Domestic Product (GDP) at 6% for 2024, Vietnam News Agency quoted report of the Asian Development Outlook (ADO) released on December 13.

ISLAMABAD: The World Bank (WB) has estimated Pakistan’s total external debt stocks at $126.942 billion by end 2022...

ISLAMABAD: Pakistan’s overall recovery is still constrained by moderate confidence and high inflation eroding...