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ADB Approves $350 Million for Sri Lanka Economic Stabilization Program

ADB has approved a $350 million special policy-based loan to provide budget support to Sri Lanka for economic stabilization. The program is part of a broader package of financial assistance anchored by the International Monetary Fund’s Extended Fund Facility for the country, which aims to stabilize the economy and lay the foundation for economic recovery and sustained growth.

ADB Approves $350 Million for Sri Lanka Economic Stabilization Program

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| Video

Bridge to the Future: Tbilisi 2024

Join us in May 2024 as Georgia hosts the Asian Development Bank's 57th Annual Meeting of the ADB Board of Governors in the capital city of Tblisi from 2 to 5 May 2024.

| News from Country Offices

ADB Helps Launch Vocational Education Project in PNG

ADB and the governments of Australia and Papua New Guinea today launched a cofinanced project to improve the country’s technical and vocational education and training program.

| Video

Thailand Times: Thailand in the Race for EV Mass Adoption

To achieve greenhouse gas emission by 20-25% by 2030, Thailand’s mass adoption of electric vehicles (EVs) is needed with streamlined policies, product manufacturing, and infrastructure. ADB’s finance and knowledge supports create better understanding and opportunities of electric mobility.

| News Releases, News from Country Offices

ADB to Focus on Robust, Climate-Resilient, and Inclusive Growth in India

ADB has launched a new country partnership strategy for India with a focus on deepening its engagement with the country and supporting India’s drive for robust, climate-resilient, and inclusive growth.

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Perspectives View All Perspectives


blog | 22 May 2023

The Crucial Role of Financial Institutions in Asia and the Pacific's Climate Change Battle

Climate change is hitting Asia and the Pacific hard, with many countries ill-prepared for the crisis. Yet, financial institutions stand poised to make a difference if they promote sustainable practices and receive the right support.


blog | 19 May 2023

Indonesia's Digital Transformation: Leave No Region Behind

Technological transformation in Indonesia should take into account the different needs and opportunities of each region to avoid exacerbating development disparities. Targeted policies are needed to prepare these areas for digitization.


blog | 16 May 2023

Asia's Coastal Areas Are More Than Just Carbon Credits

The emergence of ‘blue carbon’ in the global carbon markets could help protect Southeast Asia's coastlines, but these habitats should be valued for more than their carbon.

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Upcoming Events View All Events

| ADB Headquarters, Manila, Philippines

11th Business Opportunities Fair 2023

The ADB Business Opportunities Fair 2023, to be held 4-5 October in Manila, Philippines, is a one-stop forum for consultants, contractors, manufacturers, and suppliers looking to provide goods and services for ADB projects.

| Singapore

Trade and Supply Chain Finance Program Awards 2023

The TSCFP Awards 2022 on 5 September 2023 recognize the outstanding contribution of TSCFP's partner banks in boosting trade and supply chain finance in Asia and the Pacific.

| Online

ADBI-Cambridge University Online Course on Digital Assets for Regulators

The course will explore the latest advancements in digital assets, the environmental, social, and governance impacts, and strategies and tools for mitigating associated risks.

| Bangkok, Thailand

13th ADBI-OECD-ILO Roundtable on Labor Migration in Asia: Integrating Skills Development and Certification into the Labor Migration Cycle

The roundtable will provide a platform for experts to discuss labor migration trends, policies, country/regional experiences, and best practices.


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