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ASTANA (TCA) — The Asian Development Bank (ADB) has approved a $200 million equivalent loan to provide much-needed financing in local currency to micro, small- and medium-sized enterprises (MSMEs) in Kazakhstan, ADB’s country office in Kazakhstan said on October 28. Continue reading
BISHKEK (TCA) — At the 15th Central Asia Regional Economic Cooperation (CAREC) Ministerial Conference in Islamabad, Pakistan on October 26, CAREC Ministers agreed to formulate a new long-term strategy for CAREC to enhance its relevance in the context of changing economic and development conditions, the Asian Development Bank’s press service said. Continue reading
BISHKEK (TCA) — The Asian Development Bank (ADB) has recently approved a loan and grant amounting to $95.1 million to rehabilitate a section of the North–South Alternate Road Corridor in Kyrgyzstan. Continue reading
DUSHANBE (TCA) — The Asian Development Bank (ADB) has approved a $30 million financial assistance including a $5 million grant and technical assistance from the Japan Fund for Poverty Reduction (JFPR) to boost agriculture production and food security by improving water resource management of the Pyanj River Basin in Tajikistan, ADB’s country office in Dushanbe said. Continue reading
DUSHANBE (TCA) — The Asian Development Bank (ADB) and Tajikistan have agreed on a new 5-year partnership strategy to promote more sustained and inclusive growth that is less susceptible to external shocks, and create higher-paying jobs, ADB’s country office in Tajikistan said on September 23. Continue reading
BISHKEK (TCA) — Asian Development Bank (ADB) Vice President Wenchai Zhang on September 20 in Bishkek met with Sooronbai Jeenbekov, Prime Minister of the Kyrgyz Republic, and Adylbek Kasymaliev, Minister of Finance and ADB Governor, to discuss support for the government’s development priorities, ADB’s country office in Kyrgyzstan said. Continue reading