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India & Pakistan Asian Development Bank Newswire

  • Published on May 20, 2022

    Pakistani experts foresee new wave of inflation as USD crosses 200 mark against local currency

    ISLAMABAD, May 20 (Xinhua) -- Pakistani experts are foreseeing a new wave of inflation after the U.S. dollar touched an all-time high against the local currency by zooming past 200 rupees. According to the Forex Association of Pakistan, the U.S. dollar …

    Source: Xinhua Net - Gov't Propaganda
  • Published on May 19, 2022

    ADB eyes financing for food security in PH, Asia-Pacific

    MANILA, Philippines—The Asian Development Bank (ADB) will extend loan financing to the Philippines and other member-countries to keep food supply and prices stable amid looming food insecurity wrought by the continuing destruction of Ukraine by Vladimir …

    Source: Inquirer - Neutral
  • Published on May 19, 2022

    ADB voucher plan to easefood insecurity covers PHL

    THE Asian Development Bank (ADB) is developing a food voucher program in the Philippines as part of global initiatives to combat food insecurity heightened by the war in Eastern Europe. In the International Financial Institutions (IFIs) Action Plan to …

    Source: Business Mirror - Neutral
  • Published on May 20, 2022

    'Sheikh Hasina's Bangladesh Model can be saviour for Sri Lanka'

    Prime Minister Sheikh Hasina's 'Bangladesh Model' can be saviour for the South Asian island nation Sri Lanka, which is currently going through an extreme economic crisis, to overcome the hard time. Bangladesh is currently a wonder of …

    Source: The Business Standard - Neutral
  • Published on May 15, 2022

    World News | Sri Lanka PM Holds Talks with World Bank, Asian Development Bank Representatives

    Colombo [Sri Lanka], May 15 (ANI): Sri Lanka Prime Minister Ranil Wickremesinghe on Sunday held discussions with the country's representatives of the World Bank and the Asian Development Bank (ADB) amid the ongoing economic crisis in the Island nation. …

    Source: Latestly - Uncategorized
  • Published on May 18, 2022

    S&P lowers India growth projection to 7.3% for FY23

    With rising inflation and the longer-than-expected Russia-Ukraine conflict, S&P Global Ratings on Wednesday lowered India’s growth projection for the current fiscal year to 7.3% from 7.8% estimated earlier. In December 2021, S&P had pegged India’s …

    Source: Financial Express - Neutral
  • Published on May 18, 2022

    Sri Lanka misses ADB payment, PM tells Parliament

    Sri Lankan Prime Minister Ranil Wickremesinghe on Wednesday said the country has missed a payment to the Asian Development Bank, blocking fresh funds amid warnings that the currency crisis-hit country could be locked out of multilateral funding in a new …

    Source: Economic Times - Uncategorized
  • Published on May 18, 2022

    Rahul Gandhi compares India to Sri Lanka; quips 'distracting people won't change facts'

    Ex-Congress chief Rahul Gandhi on Wednesday attempted to fearmonger over the Sri Lanka crisis, claiming that India's situation was looking a lot like the Island nation. Taking to Twitter, Rahul Gandhi shared a comparison graphic between the two nations …

    Source: Republic World - Right-wing
  • Published on May 20, 2022

    Sri Lanka: Political Stability Restored But Food, Law And Order Pose Challenges

    (MENAFN- NewsIn.Asia) By P.K.Balachandran Colombo, May 20: After nearly two months of uncertainty and turmoil, Sri Lankan parliamentarians have now reached a consensus on the political management of the country, with Ranil Wickremesinghe taking over as …

    Source: MENAFN - Neutral
  • Published on May 20, 2022

    Nepal inaugurates second international airport

    Nepal has opened its second international airport, Gautam Buddha International Airport (GBIA), which features a 15,169m2  terminal building and a runway of 3,000m. The airport is located 19km from the UNESCO World Heritage site of Lumbini and can …

    Source: Passenger Terminal Today - Uncategorized
  • Published on May 18, 2022

    S&P cuts FY23 India growth forecast to 7.3% on inflation, Ukraine war

    S&P Global Ratings on Wednesday cut India's growth projection for the current fiscal to 7.3 per cent from 7.8 per cent earlier on rising inflation and the longer-than-expected Russia-Ukraine conflict. In its Global Macro Update to Growth Forecasts, …

    Source: Business Standard - Neutral
  • Published on May 18, 2022

    Government assures WB, ADB of economic reforms

    ISLAMABAD: Federal and state finance ministers held meetings with the World Bank and Asian Development Bank (ADB) on Tuesday and assured the multilateral lenders of commitment to fiscal and structural reforms for economic inclusivity and sustainable growth …

    Source: The News International - Uncategorized
  • Published on May 18, 2022

    ADB reaffirms support to Pakistan

    ISLAMABAD: The Asian Development Bank (ADB) has always been a great supporter of Pakistan in pursuing reforms and implementing various development projects in the country, remarked Federal Minister for Finance and Revenue Miftah Ismail. In a meeting with …

    Source: The Express Tribune - Neutral
  • Published on May 18, 2022

    S&P cuts FY23 India growth forecast to 7.3% on rising inflation, Russia-Ukraine war

    S&P Global Ratings on Wednesday cut India's growth projection for the current fiscal to 7.3 per cent from 7.8 per cent earlier on rising inflation and the longer-than-expected Russia-Ukraine conflict. In its Global Macro Update to Growth Forecasts, …

    Source: Devdiscourse - Neutral
  • Published on May 17, 2022

    ADB reaffirms support for reform programmes

      Published On 17 May,2022 09:18 pm ADB reaffirms support for reform programmes ISLAMABAD (Dunya News) – The Asian Development Bank (ADB) here on Tuesday re-affirmed its commitment to continue support for strengthening reform programmes and for …

    Source: Dunya News - Uncategorized
  • Published on May 16, 2022

    ADB’s project powering of schools in Punjab through solar panels

    ISLAMABAD: With support from the Asian Development Bank’s “Access to Clean Energy Investment Program”, solar power systems have been installed in thousands of schools in Punjab to provide reliable electricity.  These schools are off-grid or used to …

    Source: Daily Times - Uncategorized
  • Published on May 16, 2022

    Sri Lankan PM holds talks with World Bank, ADB

    Press Trust of India Colombo Sri Lanka’s newly-appointed Prime Minister Ranil Wickremesinghe on Sunday held discussions with representatives of the World Bank and the Asian Development Bank (ADB) on the current economic crisis in the country, as India …

    Source: Navhind Times - Neutral
  • Published on May 15, 2022

    World News | Lankan PM Wickremesinghe Holds Talks with World Bank, ADB as India Delivers Diesel Shipment

    Colombo, May 15 (PTI) Sri Lanka's newly-appointed Prime Minister Ranil Wickremesinghe on Sunday held discussions with representatives of the World Bank and the Asian Development Bank on the current economic crisis in the country, as India delivered the …

    Source: Latestly - Uncategorized
  • Published on May 15, 2022

    ADB urges disruption-free food supply chain

    ISLAMABAD: The Asian Development Bank (ADB) on Friday urged the federal and provincial governments in Pakistan to review movement restrictions under the exemption policy to minimise disruption to the food supply chain. This action is important to prepare …

    Source: Dawn - Neutral

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