The Asian Development Bank (ADB) has spurned media reports regarding a halt to the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project, reaffirming its interest in the multi-national energy scheme. Pakistan newspaper The News International reported on March 8 that ADB…
The United Nations has hailed a $65 million contribution from the Asian Development Bank (ADB) to Afghanistan. The Food and Agriculture Organisation (FAO) hoped the grant would boost food security and support livelihoods in the conflict-devastated country. In…
The Asian Development Bank (ADB) has approved $405 million in grants to support food security and the delivery of essential health and education services for the Afghans. The Manila-based bank said it would provide direct financing to four…
The Asian Development Bank (ADB) has provided in aid agricultural tools worth $592,000 to the Canal Department of eastern Nangarhar province, officials said Wednesday. Officials of the Canal Department said that the tools would be used in…
The Asian Development Bank (ADB) has handed over to the Ministry of Public Health a fourth batch of personal protective equipment (PPEs) worth more than $187,000 to help the country combat the coronavirus disease (COVID-19) pandemic. The consignment,…
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…
KABUL. In the context of the 2020 Afghanistan Conference, the event brought together the Afghan government, its international partners, financing institutions and the private sector for an exchange of ideas on the basis of existing examples in view of developing…
The Asian Development Bank (ADB) has approved a grant of $18.28 million in additional financing for the Panj–Amu River Basin Sector Project. The extra funding for the project, project seeking to boost agricultural productivity in northeastern Afghanistan, will…
The Asian Development Bank (ADB) on Monday tripled the size of its response to the coronavirus pandemic to $20 billion and approved measures to streamline its operations for quicker and more flexible delivery of assistance. The package expands…
KABUL’s economy in 2020, according to a new Asian Development Bank (ADB) report, asking Kabul to raise domestic revenue to reduce grant dependence and achieve self-reliance. In its Asian Development Outlook (ADO) 2020, ADB forecasts Afghanistan’s economy to grow at…
KABUL a $4 million loan for a solar power project in Kandahar province. The ADB signed an agreement to the effect with the Barakat Kandahar Solar Energy (BKSE) -- a special purpose vehicle (SPV). BKSF majority is owned by 77…
KABUL at a ceremony in Kabul on Saturday. The portal, launched in March 2018, provides accurate and comprehensive geospatial data from a central information system hosted in the country, a statement said. The handover ceremony was attended by ADB Principal…
KABUL enterprises to become major contributors to the country’s economy, according to a statement on Wednesday. “Agriculture is central to Afghanistan’s social and economic development, with the sector employing two-thirds of the country’s national workforce and contributing 21.9% of gross…
KABUL’s economic growth to remain at moderate 2.5 percent in 2018 and 2019 due to the challenging security and political situations in the country, a new Asian Development Bank (ADB) report released on Wednesday said. The ADB report has asked…
KABUL's infrastructure development and reform priorities. ADB Vice-President Wencai Zhang, at meetings with President Ashraf Ghani and Minister of Finance Eklil Ahmad Hakimi, discussed the bank's new country partnership strategy. During his three-day visit to Kabul, Zhang also delivered a…
KABUL, the Manila-based financial institution said on Thursday. In a statement, Sean O’Sullivan, director general for Central and West Asia department at ADB, said he was very pleased announcing Tumiwa as new country director. Tumiwa would lead ADB operations in…
The Asian Development Bank (ADB) has said it supports the revival of the ancient Silk Road as part of China’s One Belt One Road initiative. ADB head Takehiko Nakao, talking to Pajhwok Afghan News on the sidelines of the…
The 50th Board of Governors Conference of the Asian Development Bank (ADB) ended on Monday, with a promise to consider five priorities as part of a long-term strategy of the institution. After several meetings, conferences, seminars and media…
The Asian Development Bank or ADB on Thursday launched a book on the bank’s 50-year history “Banking on the Future of Asia and the Pacific: 50 Years of the Asian Development Bank”, at ADB's 50th Annual Meeting of…
Asian Development Bank (ADB) on Sunday said its operations for Asia and the Pacific reached an all-time high of $31.5 billion in 2016, The Manila-headquartered bank said its operations in the outgoing year went up by 17% from…
KABUL and stressed the importance of improved project implementation to enhance development impact in the country. Wencai Zhang, ADB Vice President for Central and West Asia and South Asia Operations, during the Brussels Conference on Wednesday, said while funding was…
