Viewing results 1 - 6 of 46
KABUL (TCA) — Officials from the Asian Development Bank (ADB) on April 29 said that they would provide at least $300 million USD for infrastructure projects in Afghanistan, the country’s TOLOnews agency reported. Continue reading
TASHKENT (TCA) — The Asian Development Bank (ADB) has approved an $80 million loan for the electrification of 145 kilometers (km) of railway in Uzbekistan, linking the cities of Pap, Namangan, and Andijan. The electrified track is part of the Central Asia Regional Economic Cooperation (CAREC) Corridor 2, a critical transport link in the region, ADB’s country office in Uzbekistan said on April 24. Continue reading
DUSHANBE (TCA) — Tajikistan’s economic growth is forecast to moderate in 2017, reflecting losses in the banking sector and weak remittances, says a new Asian Development Bank (ADB) report. Continue reading
ASTANA (TCA) — The Asian Development Bank (ADB) and Tengri Bank on April 6 signed a trade finance agreement enabling ADB’s Trade Finance Program (TFP) to provide guarantees to support import and export transactions in Kazakhstan. Continue reading
ASTANA (TCA) — Economic growth in Kazakhstan is forecast to accelerate in 2017 reflecting continued fiscal spending to stimulate consumption and investment, and higher earnings from oil exports, says a new Asian Development Bank (ADB) report. Continue reading
TASHKENT (TCA) — Asian Development Bank (ADB) President Takehiko Nakao on March 3 met with the President of Uzbekistan Shavkat Mirziyoyev and signed loan agreements totaling $573 million. Mr. Nakao expressed confidence in the country’s economic prospects and reiterated ADB’s support for the government’s development agenda, the Bank said. Continue reading
