Tag: #AsianDevelopmentBank
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The Asian Development Bank’s Five Year Global Bond
MANILA, Jan. 28 (Xinhua/APP): The Asian Development Bank (ADB) announced on Thursday that it priced a 4.5-billion-U.S. dollar five-year global bond, proceeds of which will be part of ADB’s ordinary capital resources. The Manila-based bank said the five-year bond, with a coupon rate of 0.5 percent per annum payable semi-annually and a maturity date of…
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ADB to Establish Regional Hub for Improving Economies
ADB is to establish a regional hub for improving economies.
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Pakistan can see 2021 economic recovery if COVID-19 subsides: ADB Report
ISLAMABAD, 15 September (Online): Pakistan is projected to experience a broad economic recovery in fiscal year 2021 (which ends 30 June 2021) as the economic sentiment improves with the expected subsiding of the coronavirus disease (COVID-19) pandemic and the resumption of structural reforms, says an Asian Development Bank (ADB) report. The Asian Development Outlook (ADO)…
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Tripartite WrapUp Meeting on Portfolio Review of ADB-Funded Projects
A tripartite wrap-up meeting on portfolio review of ADB funded projects.
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ADB approves a loan to support coronavirus in China
BEIJING, Feb 25 (APP): The Asian Development Bank (ADB) Tuesday signed an agreement for a private sector loan of up to CNY130 million ($18.6 million) to Jointown Pharmaceutical Group Co. Ltd (Jointown) in the People’s Republic of China (PRC). The local currency loan will support Jointown’s efforts to ensure a continued supply of essential medicines…
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New ADB President Masatsugu Asakawa assumes office
ISLAMABAD, Jan 17 (APP): Masatsugu Asakawa on Friday assumed office as the 10th President of the Asian Development Bank (ADB). “I am honored to assume the role of ADB President and to begin working in close cooperation with our 68 member countries. ADB has been a trusted partner of the region for more than half…