News Releases

Latest News Releases


$400 Million ADB Loan to Help Pakistan End Crippling Power Problems

ADB has approved a $400 million loan to support the Government of Pakistan's ongoing reforms to tackle the country’s chronic energy crisis which has crippled industries and caused social unrest.

ADB Approved $21.02 Billion in Financing Operations in 2013

ADB approved $21.02 billion in financing operations last year, according to ADB’s 2013 Annual Report, released ahead of its 47th Annual Meeting of the Board of Governors to be held 2–5 May in Astana, Kazakhstan.

ADB Sees Steady Growth for Developing Asia

Developing Asia will extend its steady economic growth in 2014 as higher demand from recovering advanced economies will be dampened somewhat by moderating growth in the People’s Republic of China (PRC), says a new ADB report.

Developing Asia Should Use Public Spending to Narrow Inequality

Widening income gaps are undermining decades of successful poverty reduction in developing Asia, meaning governments should proactively use fiscal policy to close gaps and promote more inclusive growth, says a new ADB report.

ADB Provides $900 Million for Jamshoro Power Project

ADB and the Government of Pakistan today signed an agreement under which ADB will provide $900 million for the 600 megawatt Jamshoro supercritical coal-fired power plant.

ADB Approves $167.2 Million to Improve Power Distribution in Pakistan

ADB has approved a loan of $167.2 million for eight distribution companies in Pakistan to improve the power distribution system to help provide reliable, regular electricity to businesses and domestic consumers.

Developing Asia Growth Outlook Steady As Industrial Economies Firm

An improving growth outlook in Japan and the United States paired with stronger-than-expected performance in the People’s Republic of China support a steady growth outlook for developing Asia, says a new ADB report.

ADB Supports Pakistan's Push to End Energy Crisis with $900 Million Loan

ADB is providing a $900 million loan for a new supercritical coal power generation unit in Pakistan that will deliver reliable, cost effective electricity to hundreds of thousands of energy-starved households and businesses.

ADB, Partners Aim to Protect Asia's Urban Poor from Climate Extremes

ADB, the Government of the United Kingdom (UK), and the Rockefeller Foundation are teaming up to help Asia's fast growing secondary cities protect their urban poor from the ravages of climate change.

ADB to Assume Transaction Advisory Role for Historic Regional Gas Pipeline

ADB has been appointed transaction advisor to help attract a commercial consortium leader of global repute that will build, own and operate the planned 1,800-kilometer Turkmenistan–Afghanistan–Pakistan–India natural gas pipeline.