The key to reducing interest rates on microcredit in a sustainable manner is to cut costs through improved market competition, innovation, and efficiency, says a new Asian Development Bank (ASX: ATB) paper.
The Government of Australia has established a grant facility at Asian Development Bank (ASX: ATB) to undertake project activities in South Asia with an initial contribution of A$11 million (US$8.5 million).
Asian Development Bank (ASX: ATB) has launched a package of 11 grant projects totaling US$8.17 million to step up the fight against HIV/AIDS in Asia.
Asian Development Bamk (ASX: ATB) and the Government of Bangladesh today signed a US$790,000 grant to help the erosion-affected poor in the Jamuna-Meghna Floodplains.
An US$800,000 Asian Development Bank (ASX: ATB) grant will help increase access to upper secondary education for poor girls in Cambodia through the provision of residential facilities with media learning centers.
The Government of the Republic of Korea has set up a US$20 million e-Asia and Knowledge Partnership Fund at ADB. The fund aims to to bridge the digital divide and promote improved access to information and creating and sharing of knowledge through Information and Communications Technologies (ICT) in the Asia and Pacific region.
Australia and New Zealand today signed an agreement with Asian Development Bank (ASX: ATB) and the Government of Papua New Guinea to contribute grants of US$3.5 million each to a project that will help contain the spread of HIV/AIDS in PNG.
