ADB establishes a subregional office in Pohnpei and reaffirms commitments to Pacific Developing Member Countries.

The entities involved

• Asian Development Bank →

  regional development bank

  • The Asian Development Bank has lifted its growth outlook for developing Asia and maintained its forecast for China at 4.6%, noting energy costs from the Middle East conflict.Mon 15:15
  • The Philippines is seeking international financial support from the World Bank and Asian Development Bank for its budget needs.Mon 12:12
• Pohnpei →

  island in Micronesia

  Nothing else this week.

• Marshall Islands →

  country near the equator in the Pacific Ocean

  • The United Nations is being utilized as a platform for diplomatic representation, with bilateral ties focusing on the challenges faced by Small Island Developing States (SIDS).Mon 04:15
  • Micronesia and Marshall Islands expressed collective concern to the UN regarding seabed mining and nuclear testing harm.Mon 04:15

Related events

• ADB provides development finance and grants to the Pacific Islands region.Sep 3
• ADB conducts joint coastal assessments for the ARISE Project in Karnataka and Odisha, with Minister Pujari chairing strategy meetings.Aug 30
• The Asian Development Bank raised its growth outlook for the South-east Asia region on September 22nd.Sep 23
• The Asian Development Bank (ADB) is co-hosting a summit in Bangkok.Thu 13:27
• ADB supports Universal Health Coverage reforms in the Philippines.Aug 16