Across 25 countries in Asia, average social protection expenditure was 5.3% of aggregate GDP and the average expenditure per intended beneficiary amounted to 4% of GDP per capita in 2015, says this report. Social protection expenditure ranged from less than 1% of GDP in Bhutan, Cambodia, the Lao People’s Democratic Republic, and Myanmar to 21% of GDP in Japan.
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Climate change and disasters threaten the long-term sustainability of development in Asia and the Paciﬁc. The region has experienced a signiﬁcant increase in the number, intensity, and impact of extreme weather events.
State-owned enterprises, including power utilities, in many countries have collected a menagerie of assets unrelated to their core business. And they are selling cheap.
Pakistan joined ADB as a founding member in 1966. The country has since been working with ADB to strengthen its key infrastructure, social services, and economic growth. ADB has approved $32.2 billion in project assistance to Pakistan since 1966. More on Pakistan and ADB
ADB has approved a $500 million policy-based loan to support Pakistan’s reforms to improve trade competitiveness and exports as a defense against external shocks and to help finance the country’s trade deficit.
ADB and the Government of Pakistan held a series of country consultations to formulate a new Country Partnership Strategy (CPS), which will guide ADB’s engagement in the country from 2020 to 2024.
The country operations business plan (COBP), 2019–2021 of ADB for Pakistan is aligned with ADB’s country partnership strategy (CPS), 2015–2019 for Pakistan, the priorities of ADB’s Strategy 2030, and the Government’s development strategy "Pakistan Vision 2025". Sectors supported include irrigation and water resource management; education; health; energy sector development reforms; trade, competitiveness and financial sector development; transport sector development; and urban and cities development.
The 2018 trade conflict between the United States and the People’s Republic of China presents a stumbling block to the global manufacturing and international trade that has driven growth and prosperity in Asia.
The growing trade battle that broke out in early 2018 between the United States and the People’s Republic of China (PRC) means GDP could fall by as much as 1 percentage point in PRC and 0.2 percentage point in the United States over a period of 2-3 years relative to a no-conflict scenario.
Production value chains in Asia and beyond will be severely affected by the US-PRC trade tensions.
After 500 days of trade conflict, policy uncertainty is growing worldwide and the negative effects are being felt.
A leading triple-A borrower in the international markets, ADB raises funds regularly through bond issues in international and domestic capital markets, reflecting strong credit fundamentals and conservative financial policies.
The ADB Investor Presentation provides an overview of the Asian Development Bank, its operations, and other information relevant to prospective investors.
At least 75% of the number of ADB’s committed operations will be supporting climate change mitigation and adaptation by 2030. Climate finance from ADB’s own resources will reach $80 billion during 2019–2030.
Private investment is key to Asia’s prosperity. ADB works with private sector clients to empower communities in many ways—like building the infrastructure they need, boosting farmer incomes, and delivering clean energy supplies.
This publication presents information on the status of the public–private partnership (PPP) environment in 12 ADB member countries.
Green bonds are an increasingly viable option for investors in Asia, like pension and superannuation funds, looking to get involved in green sustainable financing.
Economic research and statistical work contributes to knowledge generation in ADB and help strengthen its institutional priorities and effectiveness of country operations.
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