Tag: ADB
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Deputy Finance Minister Hails ADB’s Remarkable Turnaround and Growth
Ghana’s ADB Sees Historic Turnaround Spark Confidence New praise from the highest levels of government underscores a dynamic shift at the Agricultural Development Bank (ADB) PLC. Deputy Finance Minister Thomas Nyarko Ampem recently commended the bank’s leadership, Board, and staff for guiding what he called a remarkable turnaround. The positive momentum has translated into historic…
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ADB turnaround fuels growth and confidence, says Deputy Finance Minister
Introduction: A commendable turnaround at ADB Ghana’s Agricultural Development Bank (ADB) PLC has received high praise from Deputy Finance Minister Thomas Nyarko Ampem for what he described as a remarkable turnaround. In a period marked by strategic reforms, improved risk management, and a renewed focus on customer service, the bank has reported historic growth and…
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ADB Extends $48 Million Financing for Balochistan Water Resources Project
New Financing Boost for Balochistan’s Water Resources The Asian Development Bank (ADB) recently approved an additional $48 million in financing for Pakistan’s Balochistan Water Resources Development Project. This move comes as part of ADB’s broader commitment to bolster water security and resilient irrigation across the province, aligning with Pakistan’s goals for sustainable growth and poverty…
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ADB Grants $48 Million Additional Financing for Balochistan Water Resources Project to Boost Resilience
ADB Expands Support for Water Security in Balochistan In a move that underscores its focus on climate resilience and sustainable development, the Asian Development Bank (ADB) has approved an additional $48 million in financing for Pakistan’s Balochistan Water Resources Development Project. This latest tranche complements an earlier commitment and aims to accelerate the construction of…
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ADB Approves $48m for Balochistan Water Project
Overview: A New Chapter for Balochistan’s Water Security The Asian Development Bank (ADB) has approved an additional $48 million in financing for Pakistan, aimed at strengthening water resources management in the drought-prone province of Balochistan. The funding supports the Balochistan Water Resources Development Project, a program that blends modern infrastructure with advanced technology to improve…
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Philippines to Repay ADB Insurance Reform Loan Through 2040
Overview The Philippines will repay its latest loan from the Asian Development Bank (ADB) over a 20-year period, extending through 2040. The funding supports broad insurance sector reforms intended to expand coverage, improve regulation, and strengthen financial resilience for Filipino families. The agreement was signed on Nov. 6 by authorities from the country’s financial leadership,…
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Philippines Lines Up 2040 Repayment Schedule for ADB Insurance Reform Loan
Overview of the ADB insurance reform loan The Philippines has secured a significant loan from the Asian Development Bank (ADB) to underpin sweeping reforms in the country’s insurance sector. Signed on November 6 by officials from the Department of Finance, the agreement marks a pivotal step in modernizing regulatory frameworks, expanding coverage, and strengthening the…
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Philippines Reaches 2040 Milestone: ADB Insurance Reform Loan to Support Nationwide Coverage
Overview: A Long-Term Plan for Insurance Reform The Philippines has secured a significant loan from the Asian Development Bank (ADB) to finance sweeping reforms in the country’s insurance sector. The agreement, signed in November, sets out a roadmap for implementation and repayment that extends all the way to 2040. Officials say the funding is designed…
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Pakistan Moves Closer to Reko Diq Revival with $3.5B Funding Deal
Overview: A Milestone for Pakistan’s Mining Ambitions Pakistan is poised to revive the historic Reko Diq mining project in Balochistan after finalising a $3.5 billion financing package with a consortium of six major international financial institutions. The accord marks a watershed moment for one of the country’s most ambitious mineral ventures, signaling strong international confidence…
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Fire TV Stick Exploit: New Bypass Revealed and Risks
Overview: A Vulnerability Comes Back into the Light A security foothold in Fire TV Stick devices has reappeared, this time enabling elevated system access that Amazon originally locked down. Reports from Netzwelt and related outlets describe a flaw in FireOS (the Android-based operating system powering Fire TV devices) that could allow users to bypass built‑in…