Continued weak recovery in major industrial economies and softer growth prospects for the People’s Republic of China combine to slow growth across much of developing Asia.
Continued weak recovery in major industrial economies and softer growth prospects for the People’s Republic of China combine to slow growth across much of developing Asia.
During the period 2017–2020, extended to 2023, ADB operations in the Lao People’s Democratic Republic (Lao PDR) focused on (i) improving physical connectivity to catalyze private sector investment in the economy to generate employment and income, (ii) developing skills that support growth in the non-resource sectors and improving access to health services to enhance labor productivity, and (iii) ensuring sustainable natural resource management and climate resilience. Gender equity and governance were crosscutting themes.
ADB’s roadmap to raise lending capacity through balance sheet optimization, innovative financing, and collaboration.
ADB’s transport program in South Asia focuses on projects that synchronize inclusive industry growth with well-managed urbanization and environmental sustainability to expand the scope of economic development and improve access to high value-added employment opportunities, markets, and better services.
ADB's new country partnership strategy for India will focus on deepening its engagement with the country and supporting India’s drive for robust, climate-resilient, and inclusive growth.