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Iraq Bulletin

Tag : Asian Development Bank

Business

Asia-Pacific growth outlook lifted to 5% for 2026

iraqbulletin.co
Economic growth across developing Asia and the Pacific will moderate to 5.0% in 2026 from 5.5% in 2025. The Asian Development Bank raised its 2026 forecast by 0.1 percentage point from its July estimate. Growth should edge up to 5.1%...
Business

ADB cuts Asia Pacific 2026 growth forecast to 4.9%

iraqbulletin.co
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...
Business

ADB commits $30 billion for ASEAN by 2030

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CEBU: The Asian Development Bank said Friday it will mobilize $30 billion by 2030 to help the Association of Southeast Asian Nations advance long-term development priorities and strengthen resilience to external shocks, giving the 10-member bloc a multiyear financing pipeline centered on...
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...
Business

Masdar secures financing for three large-scale solar projects in Uzbekistan

iraqbulletin.co
Abu Dhabi-based company, Masdar, has announced that it has achieved financial close on three solar photovoltaic (PV) projects in Uzbekistan, with a combined capacity of around 900 megawatts. The program is considered the largest solar development in the region. The...