ADB grants $200 million loan to Uttarakhand
In a significant development, the Asian Development Bank (ADB) on Wednesday sanctioned a $200 million loan to the Government of India to improve the quality
In a significant development, the Asian Development Bank (ADB) on Wednesday sanctioned a $200 million loan to the Government of India to improve the quality
According to a release, trade and industry contributed 14.1 per cent to Nepal's gross domestic product (GDP) in the financial year 2022.
Finance Minister Nirmala Sitharaman will lead the Indian delegation to attend the 56th annual general meeting (AGM) of the Board of Governors of Asian Development Bank (ADB) in South Korea's Incheon from May 2 to May 5.
The crisis-hit economy contracted by 7.8 per cent in 2022 and is forecast to contract by 3 per cent in 2023 as it continues to grapple with the challenges.
There is a combination of issues that many countries in developing Asia are facing but we do see the Chinese government responding quite strongly to some of these headwinds through a combination of fiscal and monetary policy measures," said Safdar Parvez, advisor at the East Asia Department of the ADB, during a virtual media briefing.
Last week, the ADB revised down its growth forecast from 5.2 percent to 4.3 percent for 2022 and 5.3 percent to 4.9 percent for 2023 for developing economies in the Asia-Pacific region.
The Asian Development Bank (ADB) has announced it plans to provide at least USD 14 billion over 2022-2025 as support to ease a "worsening food crisis" in Asia and the Pacific.
The Asian Development Bank (ADB) lowered India's GDP growth projection for the year 2022-23 to 7 per cent from the earlier 7.2 per cent based on higher-than-expected inflation and monetary tightening.
The PRF loan will help design water supply, sanitation, solid waste management and urban roads in 16 DTHs with climate-resilient features and improved access to the poor and vulnerable.
Addressing a public meeting at Chhota Bhangal in Baijnath area of Kangra district, Thakur said Barot area has immense tourism potential and if explored properly it could emerge as one of the most popular destinations for the tourists.