Central Asia is improving food safety measures to share with the world some of the more than 8000 plant species, as well as livestock, from the region.

The World Trade Organization’s Trade Facilitation Agreement provides a roadmap for developing economies to increase trade while also increasing the benefits it provides to their citizens.

A tax on migrating workers compensates the exporting country for loss of the human capital created by its education and skills development programs.

Complex, carefully managed financing structures can provide the funding needed for island states and others seeking to develop energy projects.

Bold action is required by policymakers and central bankers to keep the region’s economies afloat and contain the pandemic.

As the pandemic continues, the supply chains producing vital personal protective equipment are starting to fail, causing shortages. Countries and international organizations can fill these gaps by working together.

A forward-looking, regional approach is needed for countries in Central Asia to respond to the pandemic and prepare for future public health threats.

The Central Government has approved around 93 percent of the total planned housing units under the Pradhan Mantri Awas Yojana-Urban (PMAY-U). By far, as many as 1.03 crore housing units have been sanctioned across the country under the said scheme. To provide affordable pucca houses to the homeless population of the country, the Central Government has approved over 1 crore houses in urban parts of the country under the Pradhan Mantri Awas Yojana – Urban (PMAY-U). Against the humongous target of 1.2 crore units, the Government has sanctioned nearly 1.03 crore units across the States and Union Territories (UTs). Of the approved units, approximately 61 lakh units are under-construction and nearly […]

Korea's exports of coronavirus test kits last month amounted to more than US$200 million, or eight times the month before, according to the Korea Customs Service on Thursday.They were exported to 103 countries.Brazil imported US$30 million worth of test kits, which is the biggest proportion of 13 pe...

Rawalpindi : The Public Facilitation Centre of Rawalpindi Cantonment Board , during the last seven days, received 163 complaints regarding electricity, water supply and sanitation problems in the cantonment areas and resolved 90 of them.According to RCB spokesman, Qaiser Mehmood, the RCB’s...

Islamabad : Iran, China, India, Pakistan, Indonesia and the Philippines have the most cases of COVID-19 and related deaths in the Asia Pacific region.The COVID-19 situation of Asia Pacific was highlighted in the Second COVID-19 Situation Report Asia Pacific released by United Nations Population...

The Karachi Metropolitan Corporation is going to introduce a mobile application to ensure punctuality of its employees and facilitate their work.Karachi Mayor Wasim Akhtar announced this while addressing a meeting at the Frere Hall on Friday. He also announced that applications were sought for...

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To better understand how ADB’s developing members are weathering the COVID-19 crisis, the Economic Research and Regional Cooperation Department launched the ADB COVID-19 Policy Database.

ADB has a vacancy for the position of Procurement and Contracts Officer in the Office of Administrative Services. The deadline for submitting applications is on 22 May 2020.

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UNITED NATIONS: The United Nations called on governments, companies and billionaires on Thursday to contribute to a $6.7 billion fund for immediate needs in fighting the coronavirus pandemic in vulnerable countries, warning that a failure to help could lead to a hunger pandemic, famine, riots and more conflict.

UN humanitarian chief Mark Lowcock said that Covid-19 has now affected every country and almost every person on the planet. He said the UN’s initial $2 billion appeal unveiled March 25 was being increased because there is already evidence of incomes plummeting and jobs disappearing, food supplies falling and prices soaring, and children missing vaccinations and meals. He added that the peak of the pandemic isn’t expected to hit the worlds poorest countries for three to six months.

Lowcock said in a video briefing launching the new appeal that the poorest countries face a double whammy the health impact of Covid-19 and the impact of the global recession and the domestic measures taken to contain the virus.

We must be prepared for a rise in conflict, hunger, poverty and disease as economies contract, export earnings, remittances and tourism disappear, and health systems are put under strain, he warned. Lockdowns and economic recession may mean a hunger pandemic ahead for millions.

The executive director of the World Food Programme, David Beasley, said there are two keys to averting the possibility of 265 million people being on the brink of famine by the end of the year: providing money and keeping supply chains running smoothly.

The UN appeals to wealthy nations for funding all the time, he said, but the pandemic is a one-time phenomena, a catastrophe were hitting, so its not unreasonable to ask the wealthiest people and the wealthiest companies to give.

I don’t mean just a few million. I’m talking about hundreds of millions of dollars, billions, Beasley said.

He also urged action to address the breakdown of supply chains globally. Nations must ensure that we don’t have export-import bans, restrictions at borders, shutdown of ports, shutdown of distribution points, he said, saying that some countries have already imposed export bans that are having ripple effects on food supplies.

As an example, Beasley said that if young people in urban areas in Africa lose their jobs as a result of the economic impact of the pandemic, they don’t have bank accounts to fall back on. And if they don’t have food, you’re going to have protests, riots, unrest and destabilisation. Its going to cost the world a hundredfold more to react after the fact, he warned.

He said that if the world doesn’t respond with sufficient funding, it will be catastrophic.

Were facing famine of biblical proportions,” he said. We can avert famine if we act and we act now.

The UN’s initial $2 billion appeal has so far raised $1 billion, including a lot from Europe Germany, Britain, the European Commission with contributions also from Japan, Persian Gulf countries, Canada and others, Lowcock said.

The updated appeal adds nine vulnerable countries to the 54 nations covered in the initial appeal Benin, Djibouti, Liberia, Mozambique, Pakistan, the Philippines, Sierra Leone, Togo and Zimbabwe.

Lowcock said more countries are being monitored for possible addition to the list.

Published in Dawn, May 9th, 2020

A document created by the nation's top disease investigators with step-by-step advice to local authorities on how and when to reopen restaurants and other public places during the still-raging outbreak has been shelved by the Trump administration.

ADB has provided several targeted interventions to support its developing member countries in combating the effects of the COVID-19 pandemic from its early stages. In support of ADB’s effort, the Government of Japan is...

The program aimed to increase the role of women entrepreneurs in economic development and address constraints they and micro, small, and medium-sized enterprises (MSMEs) faced. The program had two components—a policy-based loan (PBL) and a financial intermediation loan (FIL) — each at $20.0 million. The program was supported by a technical assistance (TA) capacity building component of $0.6 million.

The Asian Development Bank (ADB) country partnership strategy (CPS), 2016–2020 for Papua New Guinea (PNG) sought to assist the country in planning and implementing a successful conversion of its resource wealth into inclusive and environmentally sustainable economic growth. ADB’s sovereign program, comprising approved, completed, and ongoing loans, grants, and technical assistance (TA), totaled $2.11 billion during the period 2016 to May 2019. Transport was the sector receiving the largest amount of support (72% of total financing), followed by health (15%), and energy (9%). 

ADB has a vacancy for the position of Associate Financial Control Officer in the Controller's Department. The deadline for submitting applications is on 19 May 2020.

ADB has a vacancy for the position of Procurement and Contracts Officer in the Office of Administrative Services. The deadline for submitting applications is on 22 May 2020.

This publication features projects promoting gender mainstreaming in the energy, transport, water supply and sanitation, and irrigation subsectors in Azerbaijan, Georgia, the Kyrgyz Republic, Pakistan, Tajikistan, and Uzbekistan.

This video defines the various types of Subcontractors and how they are assessed and utilized in the performance of ADB projects.

ADB's Women Entrepreneurs Finance Initiative (We-Fi) has been instrumental in empowering and creating opportunities for women-led small and medium entrepreneurs in Sri Lanka. Nelum's story is one of the testaments to this.

To better understand how ADB’s developing members are weathering the COVID-19 crisis, the Economic Research and Regional Cooperation Department launched the ADB COVID-19 Policy Database.

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A glimpse into how scaling-up investment in Hasfarm Holdings is helping women in Central Highlands, Viet Nam improve their economic status and reach their full potential.

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Approved project 53097-002 in Papua New Guinea.

Tech startups rely on an array of financing sources, and venture capital is not a common source.

High labor productivity, a large firm size, foreign ownership, and high technological capability are important for a firm to participate in global value chains.

Trade facilitation, by reducing trade costs and raising the efficiency of moving goods across borders, is integral to international trade.

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High labor productivity, a large firm size, foreign ownership, and high technological capability are important for a firm to participate in global value chains.

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