News Releases

6 Aug 2007

ADB Issuing 6 Billion Kazakhstan Tenge Bonds

The Asian Development Bank has priced its debut Kazakhstan Tenge bond in the international capital markets. The issue has a principal amount of 6 billion Kazakhstan Tenge (about US$49 million equivalent).
16 Jul 2007

Challenges Remain for Achieving MDGs in Central Asia

Countries in the Central Asia and the Southern Caucasus have made significant progress in working toward some of the Millennium Development Goals, but efforts to achieve others have slowed or even regressed, an Asian Development Bank expert said ahead of a regional meeting on the issue.
4 May 2007

ADB Seeking Public Comment on Proposed Energy Strategy

ADB is ready to launch a public consultation process for its draft new energy strategy to be finalized later this year.
13 Apr 2007

ADB Supporting Development of Securitization Markets in Kazakhstan

ADB is providing a $100 million credit guarantee to securitize the diversified payment rights of JSC Kazkommertsbank, one of Kazakhstan's largest commercial banks.
27 Mar 2007

Despite Easing Oil Prices, Central Asia's Growth to Remain Strong in 2007-2008, Says ADB

Central Asia’s economic expansion will continue with GDP growth in the region projected at 10.3% in 2007 and 9.4% in 2008, according to a major ADB report released today. The region grew 12.4% in 2006.
5 Mar 2007

ADB Partners with Wolfensohn Center for Development to Assist Central Asia

The Brookings Institution's Wolfensohn Center for Development and ADB will partner to support regional cooperation and integration in Central Asia and neighboring countries.
2 Mar 2007

ADB Helping Central Asian Gateway Expand Coverage

ADB is supporting the Central Asian Gateway Project to expand its coverage and strengthen efforts to build a network of research institutes in Central Asia and neighboring countries.
16 Nov 2006

Partnership Launched to Combat Land Degradation in Central Asia

Five Central Asian countries have joined with more than a dozen development partners to launch today a US$1.4 billion program to restore, maintain, and enhance the productivity of degraded land.
15 Nov 2006

ADB and KfW Promoting Cross-Border Securitization Market in Kazakhstan

ADB today provided a credit guarantee for $100 million of notes to help develop Kazakhstan's securitization market and enhance financing to small and medium enterprises in the country.
20 Oct 2006

Ministers Adopt Action Plan to Accelerate Regional Cooperation in Central Asia

Ministers from eight Central Asian and neighboring countries today adopted a Comprehensive Action Plan to strengthen the momentum and increase the benefits of regional cooperation.