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.
September 30, 2022Last 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.
September 28, 2022The 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.
September 28, 2022The 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.
September 21, 2022The 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.
April 13, 2022Addressing 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.
December 6, 2021Informing about this, Chief Minister Jai Ram Thakur said the state government has succeeded in getting in-principle approval of Rs 2095 crore in ADB infrastructure development project for the state.
December 1, 2021The government has launched the “Skill India” and “Digital India” programs to attract the youth and create high-value jobs in the manufacturing industry.
November 2, 2021The project will construct two new metro lines, mostly elevated, along Outer Ring Road and National Highway 44 between Central Silk Board and Kempegowda International Airport with 30 stations.
August 24, 2021The ADB expects that the inflation to fall in the remainder of FY2020 to 4.5 per cent with tamed food prices and decreased economic activity.
September 15, 2020The report said that China, where the pandemic began, has already begun to recover and will see its economy grow 1.8% this year and 7.7% in 2021.
September 15, 2020The project will also focus on training the Maharashtra Public Works Department project staff to build their capacity in climate change adaptation and disaster-resilient features in road design, road maintenance planning and road safety.
May 28, 2020The loan amount will focus on immediate priorities such as disease containment and prevention, as well as social protection for the poor and economically vulnerable sections of the society, especially women and disadvantaged groups.
April 28, 2020Tripura State Electricity Corporation Limited (TSECL) Chairman and Managing Director Murhari Sopanrao Kele said the ADB would provide 80 per cent of the Rs 1,925 crore ($275 million) Tripura power generation upgradation and distribution reliability improvement projects.
July 18, 2019Overall, the South Asian outlook remains robust, with growth projected at 6.6% in 2019 and 6.7% in 2020.
July 18, 2019The ADO published in April said that India's economic growth will rise to 7.3 per cent this fiscal and further to 7.6 per cent in the next financial year
July 19, 2018The Asian Development Bank on Thursday predicted Asia's economy to expand faster in 2017; South Asia to remain the fastest growing of all sub-regions and India to achieve a 7.4 per cent growth due to strong consumption. In its latest report, the ADB projected a 5.9 per cent growth for the developing Asian economy riding …
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July 20, 2017