Global economic losses from the coronavirus pandemic could reach up to 8.8 trillion dollars, or nearly 10% of the world economy's output, the Asian Development Bank (ADB) said. The Manila-based bank said the forecast for …
The Asian Development Bank (ADB) has approved a $15 million loan to improve infrastructure and services in Georgian cities and help the government of Georgia begin feasibility studies, design and civil work. The bank noted that …
The European Union recently appointed a “wise persons group” to review the EU’s development-finance architecture
The Asian Development Bank (ADB) has appointed C. C. Yu as its new Country Director for Turkmenistan. Yu will lead ADB’s operations in Turkmenistan and take the lead in the implementation of the bank’s Country …
The Asian Development Bank (ADB) is providing a 60 million Georgian lari ($22.3 million) loan and a $500,000 technical assistance grant to Georgia's Credo Bank to launch new products including home improvement and mortgage loans to lower …
The Asian Development Bank (ADB) has revised its economic growth outlook for Georgia to 4.9% instead of 4.5%. The inflation forecast on Georgia has been reduced to 3% for 2018-2019, according to the report of the Asian …
Georgia’s Finance Minister Mamuka Bakhtadze met with the President of Asian Development Bank (ADB) Takehiko Nakao at the 51st Annual Meeting of ADB in Manila, the Philippines. "We had a very …
Kazakhstan needs 1.3 trillion tenge for projects to provide rural communities with drinking water. This was announced by the director of the permanent representative office of the Asian Development Bank in Kazakhstan Giovanni …
The Asian Development Bank (ADB) does not exclude the possibility of allocating another tranche in the amount of $250 million in 2018 for the project on the reconstruction and modernization of the Azerbaijani energy system, Nariman …
A mission of the Asian Development Bank (ADB) will visit Azerbaijan in September, reads a message posted on the ADB website, Trend reports. The mission for the Subprogram 1 of the Improving Governance and Public Sector Efficiency …
The Asian Development Bank (ADB) will allocate $80 million to help improve the conditions of secondary roads in Georgia. An agreement aims at rehabilitating around 50km of road connecting Dzirula-Kharagauli-Moliti-Phona-Chumateleti, as …
Georgia and the Asian Infrastructure Investment Bank (AIIB) signed a financial deal about helping Georgia construct the Batumi Bypass Road in the country’s Adjara region, with a $114 million financial resource, Agenda.ge reports. …
Economic growth in Kazakhstan in 2017 is forecast to rise reflecting continued fiscal spending for consumption and investment and higher earnings from oil exports, the Asia Development Bank (ADB) said in Asian Development Outlook 2017: …
The Asian Development Bank (ADB) has approved a $114 million loan to help improve regional connectivity and road transport efficiency in Georgia, while strengthening the country’s bid to become a regional transport and logistics hub. …
The Asian Development Bank has postponed the allocation of a $200 million loan for the North-South Transport Corridor and Azerbaijani Railways. The Bank’s management review meeting was postponed from April 15 to August 25, 2017. …
Georgia has been granted a $99 million loan to improve the water supply in three Georgian towns.
In December 2017, Armenia's government will commence improvements in provincial towns with the $50 million loan provided from the Asian Development Bank (ADB), the Minister of Territorial Administration and Development, Davit …
The Asian Development Bank is planning to provide $1bn to expand the operations of Azerbaijan’s Shah Deniz II gas field
People living in Georgia’s capital Tbilisi and the country’s Kvemo Kartli region will now enjoy better electricity supply thanks to the new Marneuli 500 kv substation that was officially opened today, Agenda.ge reports. …
