Development risks remain as economic activity, incomes likely to stay low for extended period
Organisations behind the Platform Initiative in Support of Coal Regions in Transition in Western Balkans and Ukraine agreed to join efforts to support the transition away from coal and towards a low-carbon and climate-resilient future in the Western Balkans and Ukraine, in a first meeting held online on 10-11 December.
MoreThe EIB and EIF issue a €795 million guarantee to ING, which will support new lending to Dutch SMEs and Mid-Caps to mitigate impact from Covid-19.
MoreIn a continuous effort to help countries manage volatile cross-border capital flows, the IMF has taken a major step toward a new analytical macroeconomic framework that can guide appropriate policy responses. The work reflects evolving thinking on macroeconomic policy and will feed into the upcoming review of the IMF’s Institutional View on the Liberalization and
MoreThe Asian Development Bank (ADB) has approved a $6.5 million grant for the Ebeye Solid Waste Management Project which will establish a sustainable and effective solid waste management system in Ebeye, Marshall Islands.
MoreThe Asian Development Bank (ADB) and global agribusiness company Olam International Limited (Olam) have signed a $93.75 million loan agreement to support the livelihoods of thousands of smallholder farmers in Viet Nam, Indonesia, and Papua New Guinea by helping them cope with supply chain disruptions caused by the coronavirus disease (COVID-19) pandemic.
MoreThe Asian Development Bank (ADB) has approved a $500 million policy-based loan to support the Government of Indonesia’s efforts to expand financial access among micro, small, and medium-sized enterprises and marginalized groups such as women and youth.
MoreThe worldwide COVID-19 pandemic has disrupted lives—and economies—across continents, sparing neither high-income countries, nor the low-income ones whose citizens often seek jobs abroad to escape economic distress.
MoreMinisters and senior officials from the 11 member countries of the Central Asia Regional Economic Cooperation (CAREC) Program have endorsed a new strategy to promote women’s empowerment by ensuring regional projects address women’s needs and provide equal access to benefits and opportunities.
MoreMany of us take for granted the ability to withdraw money from our bank account, wire it to family in another country, and pay bills online.Amid the global pandemic, we’ve seen how much digital connection matters to our everyday life. But what if a cyberattack takes the bank down and a remittance doesn’t go through?
MoreMinisters and senior officials from the 11 member countries of the Central Asia Regional Economic Cooperation (CAREC) Program have endorsed a new long-term strategy to promote safe, sustainable, and inclusive tourism development in the region, and enhance its attractiveness as a competitive tourism destination globally
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