Asian Development Bank

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

The Pakistani government's efforts to reform its public sector enterprises (PSEs) have been marred by persistent challenges, as highlighted by…

5 months ago

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

Issues related to sustainable development and climate change have been the thrust of Finance Minister Nirmala Sitharaman’s deliberations at the…

2 years ago

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

The Asian Development Bank will support Bangladesh in its endeavour to become an upper middle-income country by 2031. It committed…

2 years ago

After meeting PM Modi, ADB head proposes $25 billion for India’s green growth

Asian Development Bank (ADB) President Masatsugu Asakawa met Prime Minister Narendra Modi on Tuesday and discussed India's various development priorities.…

2 years ago

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

The Asian Development Bank (ADB) and Nhava Sheva Freeport Terminal Private Limited (NSFTPL) have signed a $131 million loan agreement…

2 years ago

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

The Government of India has signed an agreement with the Asian Development Bank (ADB) for a USD 350 million loan…

2 years ago

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

The Government of India and Asian Development Bank (ADB) signed an agreement for a $125 million loan on Tuesday to…

2 years ago

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

Bangladesh Prime Minister Sheikh Hasina who turned 75 on Wednesday can feel proud of steering her country on the growth…

2 years ago

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

The Asian Development Bank (ADB) in its latest economic update has pegged India’s GDP growth rate at 7 per cent,…

2 years ago

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

<p> <strong>The Asian Development Bank (ADB) and IIFL Home Finance Limited (IIFL) signed a $68 million loan aimed at facilitating…

3 years ago

Japan Fund backs ADB effort to boost primary healthcare in India

<p> <strong>The Japan Fund for Poverty Reduction (JFPR) has approved a $2 million technical assistance grant to support an Asian…

3 years ago

Japan entity approves grant of $2 million for ADB-backed project in Maharashtra

<p> The Japan Fund for Poverty Reduction (JFPR) has approved a $2 million grant to provide key knowledge and technical…

3 years ago

Centre raises $251 million ADB loan for project to prevent floods in Chennai

<p> The Government of India signed an agreement with the Asian Development Bank (ADB) for a $251 million loan for…

3 years ago

India expected to grow at 10% this fiscal year: ADB

<p> The Asian Development Bank has projected a growth rate of 10 per cent for India for this financial year.</p>…

3 years ago