ADB projects 104.5 bln USD in financing for Asia-Pacific from 2027 to 2029-Xinhua - 新华网
Direct Source Verification:
This story is aggregated from Xinhua News (xinhuanet.com). Full reporting rights and copyright belong to the primary publisher.
MANILA, Oct. 30 (Xinhua) -- The Asian Development Bank (ADB) on Friday said it projects 104.5 billion U.S. dollars in financing commitments from 2027 to 2029 across Asia and the Pacific.
MANILA, Oct. 30 (Xinhua) -- The Asian Development Bank (ADB) on Friday said it projects 104.5 billion U.S. dollars in financing commitments from 2027 to 2029 across Asia and the Pacific.
Under base-case projections, ADB expects 81.6 billion U.S. dollars in commitments for sovereign operations, primarily supporting governments, and 22.8 billion U.S. dollars for nonsovereign operations, primarily supporting private businesses, according to ADB's first Strategic Business Outlook.
ADB said the new outlook helps the bank respond to growing demand amid economic uncertainty, rising disaster risks, and rapid technological change. It also introduces sensitivity testing of different economic and operating conditions. ■
Original Source
http://www.xinhuanet.com/english/asiapacific/20261030/b994dcb95d204b03b98d2c3fe10b80fa/c.html
