The FINANCIAL — The Asian Development Bank (ADB) has allocated $20.3 million in technical assistance to help its developing members access vaccines for the coronavirus disease (COVID-19) and establish systems to enable equitable and efficient vaccine distribution. The funds will be available for ADB developing members to support vaccine-related
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The FINANCIAL — The Asian Development Bank (ADB) has raised almost 14 billion Kazakhstan tenge (KZT) ($32 million) in the first green bonds auctioned and listed on the Kazakhstan Stock Exchange. Proceeds of the bond issued under ADB’s Green Bond Framework will finance ADB’s
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The FINANCIAL — In a virtual meeting, the European Investment Bank (EIB) and nine other multilateral development banks (MDBs) signed a high-level joint statement on road safety, under the auspices of the World Health Organization and the United Nations Road Safety Collaboration. In
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The FINANCIAL — The Asian Development Bank (ADB) has partnered with leading healthcare knowledge provider, the BMJ, to launch a new online coronavirus disease (COVID-19) Information Centre for healthcare professionals tackling the pandemic. The website provides nurses, doctors, and other healthcare professionals
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The FINANCIAL — The Asian Development Bank (ADB) has approved a $7.74 million concessional loan and a $2.73 million project grant to scale up the ongoing project, Preparing Outer Islands for Sustainable Energy Development (POISED), which is transforming the existing diesel-based grids
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The FINANCIAL — The Asian Development Bank (ADB) has endorsed a new 5-year country partnership strategy (CPS) for Maldives covering 2020–2024. A roadmap for ADB operations in Maldives, the CPS will support the country to take on a more resilient, sustainable, and
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The FINANCIAL — Construction of the Malolos–Clark Railway Project, a flagship Philippine project funded by the Asian Development Bank (ADB), is expected to begin soon, following the signing of three civil works contracts worth more than $1.7 billion. The signing ceremony today
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The FINANCIAL — The Asian Development Bank (ADB) approved $150 million (in euro equivalent) in loans to improve water supply and sanitation services in Georgia and help the government craft an integrated approach to the sector’s development. Under the Sustainable Water Supply
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The FINANCIAL — The French Development Agency and the Ministry of Finance of Georgia signed a EUR 58 million loan to finance the reconstruction of water and sanitation utilities in Khashuri. The activities financed under the loan will be supplemented by a EUR
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