The Government of Australia, through the Australian Agency for International Development (AusAID), has made an A$20 million contribution to Asia Development Bank's (ASX: ATB) Pakistan Earthquake Fund (PEF).
Asian Development Bank (ASX: ATB) today offered the Government of Indonesia US$10 million in immediate grant assistance, and $50 million in soft loans for a total of $60 million to help meet the rehabilitation needs of the earthquake-affected areas of Yogyakarta and Central Java.
Asian Development Bank (ASX: ATB) yesterday signed trade finance facilitation agreements with two local banks - AzeriGazBank and Respublika Bank - in the amount of US$4 million for each bank, respectively. The agreements will enhance the capability of local banks to provide trade finance to exporters and importers in Azerbaijan.
Asian Development Bank (ASX: ATB) and the Government of the Philippines today signed an agreement for a US$900,000 grant project to help develop a sustainable microfinance industry in the country.
An Asian Development Bank (ASX: ATB) US$42 million loan will help improve the lives of the people in Pakistan's federally administered tribal areas (FATA) by promoting the sustainable and productive use of the areas' natural resources.
A major shift is needed in Asia's approach to transport to cut down on emissions that could prompt irreparable climate change, an Asian Development Banks's (ASX: ATB) Vice-President told the opening of a workshop today.
An Asian Development Bank (ASX: ATB) grant of US$15 million is supporting a new project to help the Government of Papua New Guinea control and stabilize the spread of HIV/AIDS infection in the country.
