ADB ready to assist Kazakhstan in fight against pandemic, National Economy Ministry NUR-SULTAN. KAZINFORM - March 25 Minister of National Economy Ruslan Dalenov, President of the Asian Development Bank (ADB) Masatsugu Asakawa, representatives of the National Bank held a conference call, Kazinform reports citing the press service of the National Economy Ministry.
ADB announces $6.5bn initial response to COVID-19 pandemic MANILA, PHILIPPINES. KAZINFORM The Asian Development Bank (ADB) today announced a $6.5 billion initial package to address the immediate needs of its developing member countries (DMCs) as they respond to the novel coronavirus (COVID-19) pandemic, the ADB informs on its website.
Registration opens for ADB's 53rd Annual Meeting MANILA. KAZINFORM Registration is now open for the 53rd Annual Meeting of the Board of Governors of the Asian Development Bank (ADB). With the theme: «Asia 2020: Innovation, Inclusiveness, and Integration,» the Annual Meeting will be held from 2–5 May 2020 in Incheon, Republic of Korea.
ADB looks to introduce block heating technology in Kazakhstan BAKU. KAZINFORM Asian Development Bank (ADB) is planning to install power stations for the block heaters in five locations in Kazakhstan's Nur-Sultan city and equip 100 cars to demonstrate the technology and its impact to help decarbonize the city, a representative of ADB told Trend.
ADB trims growth forecasts as Asia's biggest economies slow MANILA. KAZINFORM The Asian Development Bank (ADB) has trimmed its forecasts for economic growth in developing Asia this year and next year as growth in the People’s Republic of China (PRC) and India is weighed down by both external and domestic factors.
ADB forecasts growth in developing Asia at 5.2% in 2019, 2020 MANILA, PHILIPPINES (11 December 2019) — The Asian Development Bank (ADB) has trimmed its forecasts for economic growth in developing Asia this year and next year as growth in the People’s Republic of China (PRC) and India is weighed down by both external and domestic factors, the ADB informs on its website.
ADB downgrades developing Asia's 2019, 2020 growth forecast TOKYO. KAZINFORM The Asian Development Bank expects slower growth than expected for developing Asia this year and next, it said in a report Wednesday, citing weakening domestic investment due to external factors such as the U.S.-China trade war for its 5.2 percent expansion forecast.
ADB meets commitment to double annual climate financing to $6 billion MANILA. KAZINFORM The Asian Development Bank (ADB) has achieved a key commitment to double its annual climate investments from $3 billion in 2014, hitting a record high of more than $6 billion in climate-related financing in 2019.
PM partakes in foresight session of ADB and Kazakhstan NUR-SULTAN. KAZINFORM – Kazakhstan Prime Minister Askar Mamin and President of the Asian Development Bank (ADB) Takehiko Nakao took part in a foresight session «Development of Kazakhstan's Long-Term Competitiveness», the press service of the Prime Minister of Kazakhstan reports.
ADB to help women access affordable housing finance in Kazakhstan NUR-SULTAN. KAZINFORM The Asian Development Bank (ADB) has approved a $100 million local currency equivalent loan to help expand the lending operations of the Housing Construction Savings Bank of Kazakhstan (HSCBK), the main institution implementing government housing finance programs in the country. This will allow more than 3,000 women, particularly in the rural areas, to have access to affordable housing finance, a press release from ADB reads.
ADB-supported irrigation project to improve Kazakhstan's agricultural productivity NUR-SULTAN. KAZINFORM The Asian Development Bank (ADB) has approved a $249.8 million equivalent loan in local currency (tenge) to the Republican State Enterprise Kazvodkhoz (KVK), a state-owned enterprise dealing with water facilities, to help in the rehabilitation and improvement of irrigation networks serving 171,000 hectares (ha) of land in four provinces in Kazakhstan.