Azerbaijan is becoming a leader in decarbonization in the region, team leader and energy specialist at the Asian Development Bank (ADB) Kangbin Zheng said at the presentation of a decarbonization project within the framework of cooperation between Azerbaijan Railways and the ADB in Baku.
The Asian Development Bank (ADB) approved a $233.2-million loan to help expand access to reliable, safe water supply services in rural areas of Georgia.
The Georgian Minister of Finance and the Asian Development Bank's President discussed projects being implemented in the republic. This issue was one of the central topics at the meeting held in Milan.
The Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB) have allocated $2 million in funding for the Caspian Green Energy Corridor project, which involves Azerbaijan, Kazakhstan, and Uzbekistan, Azerbaijan's …
The Asian Development Bank (ADB) has revised up the growth projection for the Caucasus and Central Asia to 4.9% from 4.7% for 2024 and to …
Azerbaijan Railways (ADY) and the Asian Development Bank (ADB) have signed a loan agreement worth $131.5 mln to rehabilitate a crucial …
The Asian Development Bank said it has approved a sovereign-guaranteed local currency loan of up to $291.49 million equivalent to reconstruct 208 km of road in central …
The International Monetary Fund has upgraded its economic growth forecast for Georgia to a 7.6% for 2024, surpassing the rates of European countries and the country's regional neighbours, the Georgian Economy Ministry said. In its …
The Asian Development Bank (ADB) has approved additional grant finaning of $15 million to help Tajikistan scale up an ongoing project to reconnect the …
The Asian Development Bank has approved the allocation of a loan of $47 million to support the digitalization of Azerbaijan's railway system. This funding will improve the safety, reliability, and efficiency of …
The parties discussed issues of interaction between the republic and the bank
The Asian Development Bank has issued a tender for developing a general development plan for the new Tbilisi International Airport, the United Airports of Georgia said. The body would oversee the selection process for a consulting …
The Asian Development Bank (ADB) has approved a €46.3 million ($50 million equivalent) policy-based loan to help improve access …
The Asian Development Bank (ADB) and Credo Bank have signed a loan of 65 million lari ($25 million) to support onlending activities to …
Georgian Prime Minister Irakli Garibashvili discussed Georgia's current economic situation and its fiscal and budgetary parameters with President of the …
Kazakhstan will pay Russia about 20 billion tenge or just over $43 million for a 4.2% stake in Eurasian Development Bank (EDB), Deputy Prime Minister and Minister of Finance Yerulan Zhamaubayev said. "The total cost is about 20 …
The International North–South Transport Corridor (INSTC) becomes increasingly important as some EAEU countries reorientate their foreign trade and develop “new logistics.” For this reason, the Caspian countries are seeking to …
The Asian Development Bank (ADB) has approved a loan of $59 million and a grant worth $500,000 to Uzbekistan for the improvement of living conditions in four cities, the ADB office in the country said in a statement. As part of its …
Global economic losses from the coronavirus pandemic could reach up to 8.8 trillion dollars, or nearly 10% of the world economy's output, the Asian Development Bank (ADB) said. The Manila-based bank said the forecast for …
The Asian Development Bank (ADB) has approved a $15 million loan to improve infrastructure and services in Georgian cities and help the government of Georgia begin feasibility studies, design and civil work. The bank noted that …
