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The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966, [3] which is headquartered in 6 ADB Avenue, Mandaluyong, Metro Manila 1550, Philippines. The bank also maintains 31 field offices around the world [ 4 ] to promote social and economic development in Asia.
Agricultural Development Bank of Ghana, commonly known as Agricultural Development Bank or ADB, is a government-owned development and commercial bank in Ghana. The bank is the first development finance institution established by the Government of Ghana. It is the developmental finance institution that provides technical and financial services ...
The Central Asia Regional Economic Cooperation (CAREC) Program is a program established in 1997 by the Asian Development Bank (ADB) to encourage economic cooperation among countries in Central Asia and nearby parts of Transcaucasia and South Asia.
In July 2016, the NDB signed with Asian Development Bank (ADB) a memorandum of understanding on strategic cooperation. The two institutions expressed willingness to work together through co-financing and knowledge exchanges in areas including sustainable development projects in renewable energy, energy efficiency, clean transportation ...
The ADB deemed all water, air, and land transportation in the Philippines outdated; most of the day, roads become impassable and congested due to the lack of other effective transportation infrastructures/methods. [8] The ADB is also reviving and building railways to connect provinces and provide access to and from the cities. [9]
The loan for the civil works of PNR Calamba, worth ₱227 billion (US$4.3 billion), was approved by the ADB on June 9, 2022. [81] The loan agreement was signed by President Rodrigo Duterte and ADB on June 16. [82] Two more loan agreements were signed on February 9, 2023, during the working visit of President Bongbong Marcos in Japan. [83]
In May 2015, Asian Development Bank President Takehiko Nakao spoke exclusively to Devex about the merger between the Asian Development Bank and Ordinary Capital Resources. In April 2021, Devex was the first to report UK government budget cuts for the Global Polio Eradication Initiative (GPEI) by 95%, from £100m to £5m, as well as funding cuts ...
The government receives substantial external support to improve drinking water supply and sanitation through loans from the Asian Development Bank (ADB) and the World Bank, as well as grants from Japan and the United States. In addition, NGOs directly provide assistance.