Business

ADB approves policy to support universal access to affordable energy services

The Asian Development Bank (ADB) has approved a new energy policy to support universal access to reliable and affordable energy services, while promoting the low-carbon transition in Asia and the Pacific.“Energy is central to inclusive socioeconomic development, but the expansion of energy sys...

Business

Economic recovery prog to get $250m ADB fund

T he Asian Development Bank (ADB) on Saturday approved a $250 million policy-based loan to support Bangladesh’s economic recovery following the coronavirus disease (COVID-19) pandemic. This is the first subprogram of the programmatic $500 million Sustainable Economic Recovery Program.The ...