News Releases

Kyrgyzstan GDP to Grow by 5.5% in 2013 - ADB Report

Growth in the Kyrgyz Republic is expected to rebound this year after recent low gold production held the economy back, according to ADB's new macroeconomic outlook for developing Asia.

ADB Assistance Tops $21.5 Billion in 2012

ADB approved $21.57 billion in financing operations including cofinancing last year, according to ADB’s 2012 Annual Report, released ahead of its 46th Annual Meeting of the Board of Governors to be held 2–5 May in Delhi, India.

Asia's Future Prosperity Requires Major Change in Energy Use

Asia is moving along a dangerously unsustainable energy path that will result in environmental disaster and a gaping divide in energy access between rich and poor unless the region dramatically changes course, says a new ADB report.

Developing Asia's Growth Steps Up to 6.6% in 2013

Rising private consumption and stronger intraregional trade will spur a pickup in growth in developing Asia in 2013 and 2014, as economic activity in the US and Europe remains in the doldrums, ADB says in a major new report.

ADB Partners with Kyrgyz Banks on Trade Finance Program

Three banks in the Kyrgyz Republic today signed trade finance agreements with ADB in order to help local companies conduct more international trade and become more integrated into regional and global business networks.

Southeast Asia's Strength Keeps Asia Growth on Track - ADB Report

The surging economies of Southeast Asia have been a bright spot in developing Asia’s otherwise subdued 2012 growth performance, but the broader region should still pick up steam in 2013, says a new ADB report.

Huge Financing Gap Must Be Filled to Promote Climate-Friendly Technology - ADB

Massive investment is required to develop and deploy climate-friendly technology if global warming is to be halted and developing countries prepared to cope with the adverse consequences of climate change, delegates heard today at the annual global conference on climate change.

CAREC Ministers Agree on $23 Billion Action Plan to Boost Central Asia Links

Ministers of the 10 Central Asia Regional Economic Cooperation Program nations have agreed on a plan to implement more than $23 billion in new regional transport infrastructure projects, together with energy and trade initiatives, aimed at creating seamless connectivity and greater prosperity in the region.

CAREC Ministers to Gather in PRC to Chart Way Forward for the Region

Ministers from 10 nations spanning the Caucasus, Central, East, and South Asia will gather here on 29-31 October to discuss concrete ways to boost connectivity and cooperation in their region through to 2020.

Kyrgyz Republic to Participate in 11th Ministerial CAREC Conference

The Central Asia Regional Economic Cooperation Program will hold its 11th Ministerial Conference on 29-31 October in Wuhan, the People’s Republic of China.