Development risks remain as economic activity, incomes likely to stay low for extended period
The Asian Development Bank (ADB) has approved a $40 million grant for a project to make one of Samoa’s most critical roads safer, more efficient, climate-resilient, and sustainable.
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The Asian Development Bank (ADB) has approved a $154.4 million grant to boost the supply of power in Afghanistan by extending the country’s power grid into the western provinces of Herat and Farah, ensuring access to electricity for vulnerable communities in those provinces.
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The Asian Development Bank (ADB) has approved a $430 million multitranche financing facility (MFF) to improve the quality and reliability of electricity supply in Uttar Pradesh in India.
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The European Commission has approved German plans to set up a scheme under which the German federal and regional authorities can invest through debt and equity instruments in enterprises affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework.
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Invest-NL and European Investment Fund (EIF) sign an agreement under “InnovFin SME Guarantee Facility” to unlock up to €66 million in SME-lending.
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The European Commission has disbursed €8.5 billion in the third instalment of financial support to five Member States under the SURE instrument. As part of today's operations, Belgium has received €2 billion, Hungary €200 million, Portugal €3 billion, Romania €3 billion and Slovakia €300 million.
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The attacks the USPS continues to face are not just attacks on the postal service but attacks on Black lives.
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Fintech – the fusion of finance and technology – could be a game-changer for inclusive economic growth amidst the pandemic.
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Making it easier for people and goods to cross borders has been clearly shown to provide widespread economic benefits. But countries on both sides need to be prepared to take advantage of the new opportunities created.
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Experience in India shows a gradual and localized approach based on evidence allows for safer reopening of the economy and reduces infection rates.
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