An ADB loan has been sought for infrastructure needed due to operational failures at Suez.
1 report, 1 independent
Updated Aug 1
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What happened
An ADB loan has been sought for infrastructure needed due to operational failures at Suez.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Suez
successive French enterprises from 1858 to 2008
Nothing else this week.
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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.
- The Philippines is seeking international financial support from the World Bank and Asian Development Bank for its budget needs.
Related events
- ADB supports India's infrastructure financing needs.
- Cabinet approved an ADB-supported loan program on September 1st.
- ADB provides loans for infrastructure projects in Papua New Guinea, co-financed by the Australian government.
- ADB commended Pakistan's macroeconomic stabilization efforts and offered potential financing for strategic infrastructure projects.
- Qingfeng Zhang has been appointed as the ADB's country director for Bangladesh, and the organization approved a $200 million loan for infrastructure modernization.