ADB Flooded with 'so Many' Funding Requests Amid War-Driven Crisis

ADB flooded with 'so many' funding requests amid war-driven crisis

Samarkand, UZBEKISTAN — “So many” developing Asia-Pacific economies are scrambling to secure concessional financing from the Asian Development Bank (ADB)...

ME conflict hits economic recovery: ADB

SAMARKAND, (Uzbekistan): Asian Development Bank (ADB) President Masato Kanda on Sunday warned that Middle East conflict are undermining Pakistan’s fragile economic recovery fuelling inflation, straining fiscal stability, and deepening poverty—while pledging swift support to help stabilize the economy and sustain critical imports. Responding to a Business Recorder question during a media briefing in Samarkand, Kanda expressed concern over the cou…

Samarkand ADB forum: How Uzbekistan is strengthening Central Asia’s role in the new economic architecture

The 59th Annual Meeting of the Board of Governors of the Asian Development Bank in Samarkand is an event whose significance extends far beyond Uzbekistan. Formally, it is a major international financial forum bringing together government representatives, finance ministers, central bank governors, international organizations, businesses, investors, and development institutions. Yet in political and economic terms, the Samarkand meeting may become…