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Asian Development Bank

  • Economy

    Pakistan’s public sector enterprises suffocate under mounting PKR 1.7 trillion debt

    by ANI July 8, 2024
    by ANI July 8, 2024

    The Pakistani government’s efforts to reform its public sector enterprises (PSEs) have been marred by persistent challenges, as highlighted by recent fiscal data and international funding initiatives, Dawn reported. Despite …

  • Economy

    Nirmala asks ADB to drop timid approach, says multilateral lender must think out-of-the-box

    by Mahua Venkatesh May 4, 2023
    by Mahua Venkatesh May 4, 2023

    Issues related to sustainable development and climate change have been the thrust of Finance Minister Nirmala Sitharaman’s deliberations at the Asian Development Bank’s (ADB) annual meeting of the Board of …

  • Economy

    ADB lauds Bangladesh’s inclusive growth model, promises to help Dhaka’s transition to upper-middle income economy

    by IN Bureau March 16, 2023
    by IN Bureau March 16, 2023

    The Asian Development Bank will support Bangladesh in its endeavour to become an upper middle-income country by 2031. It committed to increasing financial support for key development priorities including areas …

  • Economy

    ADB to provide $131 mn for Maharashtra’s JLN Port upgradation, boost trade

    by IN Bureau January 23, 2023
    by IN Bureau January 23, 2023

    The Asian Development Bank (ADB) and Nhava Sheva Freeport Terminal Private Limited (NSFTPL) have signed a $131 million loan agreement to upgrade the Jawaharlal Nehru Port Container Terminal located in …

  • India

    Centre signs pact with ADB for $350 million loan to expand Chennai Metro rail system

    by IN Bureau January 4, 2023
    by IN Bureau January 4, 2023

    The Government of India has signed an agreement with the Asian Development Bank (ADB) for a USD 350 million loan to build new lines and improve the connectivity of the …

  • Economy

    $125 million ADB loan for better sewage & water systems in 3 Tamil Nadu cities okayed  

    by IN Bureau December 28, 2022
    by IN Bureau December 28, 2022

    The Government of India and Asian Development Bank (ADB) signed an agreement for a $125 million loan on Tuesday to develop climate-resilient sewage and drainage infrastructure and water supply systems …

  • Opinion

    Sheikh Hasina, symbol of a progressive Bangladesh, has an unfinished agenda

    by Mahua Venkatesh September 29, 2022
    by Mahua Venkatesh September 29, 2022

    Bangladesh Prime Minister Sheikh Hasina who turned 75 on Wednesday can feel proud of steering her country on the growth path while managing to stem radicalism. The Asian Development Bank in …

  • Economy

    ADB pegs India’s growth rate at 7%, China’s at 3.3% for this year

    by IN Bureau September 21, 2022
    by IN Bureau September 21, 2022

    The Asian Development Bank (ADB) in its latest economic update has pegged India’s GDP growth rate at 7 per cent, lower than the 7.5 per cent projection made in April. …

  • Economy

    Asian Development Bank showers millions in green housing loans for low income Indian women

    by IN Bureau February 21, 2022
    by IN Bureau February 21, 2022

    <p> <strong>The Asian Development Bank (ADB) and IIFL Home Finance Limited (IIFL) signed a $68 million loan aimed at facilitating green housing loans for lower-income women borrowers in India.</strong></p> <p> …

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