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Iraq Bulletin

Tag : adb

Business

ADB cuts Asia Pacific 2026 growth forecast to 4.9%

iraqbulletin.co
MANILA, PHILIPPINES / MENA Newswire / – The Asian Development Bank cut its 2026 growth forecast for developing Asia and the Pacific to 4.9%. The bank cited prolonged global energy disruption and softer demand in parts of the region. The projection stands below the 5.1% estimate issued in April. It......
Business

ADB commits $30 billion for ASEAN by 2030

iraqbulletin.co
Asian Development Bank pledged $30 billion through 2030 to help ASEAN expand energy links, deepen markets and build resilience regionally....
Business

ADB unveils fund to speed ASEAN power grid plans

iraqbulletin.co
MANILA: The Asian Development Bank has launched a new multi-partner trust fund with about $25 million in initial backing to accelerate preparation of cross-border energy and transmission projects in Southeast Asia. The new vehicle, called the Regional Connectivity Fund for Energy in Southeast Asia, is aimed at advancing the ASEAN Power......