The World Bank has assured Pakistan of providing $1.5 billion assistance during the current fiscal year to support its economic development and stabilisation programme.

The Asian Development Bank (ADB) is on board and supportive of the construction of Diamer Bhasha Dam.

In a bid to mitigate and cope with the growing energy needs, the government has decided to accept $60m loan aid and grant assistance from the World Bank (WB) and the Asian Development Bank (ADB).

The Asian Development Bank (ADB) has agreed to sanction Rs 1800 crore to develop key roads in Manipur, including the 110 Km Imphal-Moreh section of National Highway 2.

The World Bank and the Asian Development Bank would jointly provide $400 million to rain-ravaged Uttarakhand to redevelop basic amenities like housing, agriculture, education and healthcare facilit

The World Bank and the Asian Development Bank (ADB) on Tuesday agreed to provide $ 400 million for reconstruction and rehabilitation in the disaster-hit areas in Uttarakhand.

In a meeting presided by Uttarakhand Chief Secretary Subhash Kumar, it was decided that the money would be spent in works in sectors including the housing, tourism, irrigation, agriculture, education, and health sector.

New green power initiatives could reduce Sri Lanka’s greenhouse gas emissions by almost 20 percent by 2020, Sri Lanka’s Industry and Commerce Minister stated, referring to the Asian Development Ban

The Asian Development Bank will assist Pakistan to prepare and adopt a strategic plan in road network improvement in Sindh, it was learnt here.

Twelve scheduled banks and one non-bank financial institution are yet to disburse any loan under a Tk 200-crore refinancing scheme for green products after signing participant agreements with Bangl

A crucial meeting of the Council of Common Interests (CCI) is scheduled for today (Tuesday) to accord approval to the much-awaited National Power Policy 2013 and proposed $5.3 billion International