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  Pakistan gets USD 800 million package from Asian Development Bank, India strongly opposes

  World | June 04, 2025 15:57 IST

  The development comes a month after Pakistan secured a $1 billion (around Rs 8,500 crore) package from the International Monetary Fund (IMF).

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  ADB retains India's growth prediction at 6.4% for current fiscal, says inflation likely to fall

  Business | July 19, 2023 8:43 IST

  In an update to its Asian Development Outlook, the ADB said inflation is expected to continue to decline, approaching pre-pandemic levels as fuel and food prices decline.

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  Indian economy to shrink 9 pc in FY21: ADB

  Business | September 15, 2020 12:47 IST

  India's coronavirus-battered economy will shrink by 9 per cent this fiscal, the Asian Development Bank (ADB) predicted on Tuesday saying growth outlook remains highly vulnerable to either a prolonged outbreak of the pandemic or a resurgence of cases. This will be the first time in four decades that the Indian economic growth will contract.

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  Asian countries need to focus on public private partnerships to support infra: ADB

  World | May 31, 2020 20:24 IST

  Asian countries should focus more on public private partnerships (PPPs), as it will help attracting private capital and technical expertise in infrastructure sector - hit hard by the pandemic, Asian Development Bank said in a blog.

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  India to get Rs 16,500 crore as coronavirus support package from Asian Development Bank

  Business | April 10, 2020 11:28 IST

  In times of crisis when the nation is fighting against coronavirus, the Asian Development Bank (ADB) President Masatsugu Asakawa has assured USD 2.2 billion (about Rs 16,500 crore) support to India in its fight against the COVID-19 pandemic.

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  Coronavirus: ADB announces USD 6.5 bn package for developing member countries

  World | March 18, 2020 15:54 IST

  Coronavirus: The Asian Development Bank (ADB) on Wednesday announced a USD 6.5 billion package for its developing member countries to fight the coronavirus pandemic. The initial package has been announced to address the immediate needs of developing member countries (DMCs) as they respond to the Covid-19 pandemic,

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  ADB asks staff at Manila office to work from home after visitor tests positive for COVID-19

  World | March 12, 2020 14:47 IST

  Asian Development Bank (ADB) on Thursday said it has asked employees at its Manila headquarter to work from home after a visitor to the bank tested positive for COVID-19.

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  Coronavirus could cost China USD 103 billion: ADB

  Business | March 06, 2020 20:36 IST

  The global losses due to the deadly coronavirus outbreak could be about USD 156 billion, of which China may account for USD 103 billion, the ADB said on Friday in its assessment report on the impact of the novel COVID-19 outbreak on the global economy. 

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  Pakistan, Asian Development Bank sign loan agreement worth USD 1.3 billion

  Business | December 09, 2019 18:34 IST

  Pakistan on Monday signed an agreement with the Asian Development Bank for a loan worth USD 1.3 billion to support the cash-strapped country's public finances and shore up its slowing economy. 

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  Pakistan's ailing economy gets USD 1.3-billion infusion from Asian Development Bank

  India | December 06, 2019 16:43 IST

  Cash-strapped Pakistan received a USD 1.3-billion loan from the Asian Development Bank (ADB) on Friday to support the country's public finances and shore up the slowing economy. 

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  Pakistan's ailing economy gets USD 1.3-billion infusion from ADB

  World | December 06, 2019 15:34 IST

  "ADB is committed to providing wide-ranging support to strengthen Pakistan's economy and reduce the risk of external economic shocks," said ADB Director General for Central and West Asia Werner Liepach. While USD 1 billion has been extended to Pakistan to improve its current account deficit, strengthen its revenue base, USD 300 million has been extended for the energy program, another ADB press release said.

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  ADB cuts India's GDP growth forecast to 7 per cent for FY20

  Business | July 18, 2019 10:01 IST

  "India is expected to grow by 7 per cent in 2019 (FY20) and 7.2 per cent in 2020 (FY21), slightly slower than projected in April because the fiscal 2018 outturn fell short," ADB said in its supplement to the Asian Development Outlook 2019.

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  Tripura: Asian Development Bank approves infra projects worth Rs 1,650 crore

  Business | June 16, 2019 14:48 IST

  The release said that the Urban Development Department of Tripura government had submitted the projects' details to the ADB through the Central government on which the ADB gave its nod on Sunday.  

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  India set to grow at 7.2 per cent this fiscal on rising consumption: Asian Development Bank

  Business | April 03, 2019 9:31 IST

  Export demand, on the other hand, is likely to soften in 2019 in line with the weaker global environment and a muted forecast for semiconductor exports, before picking up slightly in 2020.

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  India fastest growing economy in Asia; on track to meet FY18 target: ADB Report

  Business | July 19, 2018 10:21 IST

  Prudent macroeconomic and fiscal policy-making will help economies across the region prepare to respond to external shocks, ensuring that growth in the region remains robust.

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  Asian Development Bank says committed to supporting smart cities in India

  February 06, 2015 0:00 IST

  New Delhi: Manila-based Asian Development Bank (ADB) today said it is committed to supporting India's ambitious plan to build 100 smart cities in the country.ADB President Takehiko Nakao said the agency will continue to play

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  Modi reforms to help India grow 5.5% this fiscal: ADB

  December 18, 2014 9:29 IST

  Manila: Reforms brought by Prime Minister Narendra Modi will help India grow 5.5 per cent this fiscal and, if extended, should lift growth to 6.3 percent next year, a top official in the Asian Development

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  India needs more investments in human capital: ADB

  September 13, 2014 7:46 IST

  Singapore: India is ranked 14th out of 24 countries in the Creative Productivity Index (CPI), reflecting the need for further investments in physical infrastructure and human capital, says a joint report by the Asian Development

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  India to give $30 mn to Asian Development Bank Fund

  May 04, 2014 23:37 IST

  New Delhi: India has decided to be a contributor to the Asian Development Fund and will contribute $30 million in installments beginning October, Finance Minister P. Chidambaram said Sunday.“India has decided to become a contributor

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  Odisha to seek funding from WB, ADB for disaster mitigation

  November 13, 2013 19:50 IST

  Bhubaneswar: In an effort to put in place a long term arrangement to face natural calamities like cyclone and tidal surge, Odisha government today decided to seek funding from the World Bank and Asian Development