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3 Mar 16
Australia could see its annual disaster bill almost quadruple by 2050, to an average of AU$33bn, as population density and the severity and frequency of disasters increases.
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3 Mar 16
Pragmatic, targeted and well-sequenced public finance management reforms are more likely to lead to success than ambitious, large-scale overhauls, the Asian Development Bank vice president has said.
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2 Mar 16
India is on the road to recovery, but the world’s fastest growing economy could still do more to bolster resilience and growth potential, according to the International Monetary Fund.
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2 Mar 16
India and the World Bank have signed a $300m credit agreement to support improvements to government-run higher education institutions in a large central Indian state.
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1 Mar 16
The UK’s Department for International Development is to help strengthen the use of evidence-based policy and decision making with a grant of $21m.
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29 Feb 16
The Indian government has unveiled its 2016/17 budget, prioritising more support for the rural poor, infrastructure and recapitalisation of the country’s banks.
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29 Feb 16
The World Bank approved a $120m loan to China last week to support transport development in Wuhan, the capital of central China’s Hubei province.
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29 Feb 16
The Asian Development Bank has backed a first-of-its-kind, $225m local currency climate bond from a Philippines renewable energy firm with a 75% guarantee.
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29 Feb 16
The key development role migrants play in Asia Pacific is being overlooked, preventing policies to maximise these benefits from taking shape, according to a United Nations report.
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26 Feb 16
The Asian Development Bank president has urged Nepal to pick up the pace of its public investment in reconstruction and development in order to reach its full growth potential.
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25 Feb 16
The People’s Bank of China has announced the removal of quotas in the country’s bond market, which will open up government-issued bonds to foreign investors.
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24 Feb 16
Vietnam’s economy will need to grow by 7% a year and average incomes rise to over $7,000, up from $2,000 in 2014, if it is to achieve its ambition of attaining upper-middle-income status in two...
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24 Feb 16
The Asian Development Bank has announced plans to scale up its operations in Sri Lanka to $2bn in loans and equity over 2016-18.
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23 Feb 16
Public sector accountability will be key in determining how well and how quickly Myanmar can progress towards shared development and prosperity, the World Bank has said.
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22 Feb 16
The World Bank has approved a $450m package to support the Philippines government’s health and education conditional cash transfer programme.
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22 Feb 16
Fiji’s government has declared a state of natural disaster and appealed for funds after the strongest storm ever recorded in the southern hemisphere tore across the island nation.
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19 Feb 16
The World Bank is to work with Tajikistan towards improvements in its public financial management through a $20m project, part funded by the UK.
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17 Feb 16
The Asian Development Bank has announced a new partnership strategy with China, which will prioritise climate change.
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17 Feb 16
Transparency International’s Asia Pacific regional director has said the organisation is gravely concerned Malaysia is moving rapidly towards autocracy.
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16 Feb 16
Sri Lanka’s “chronic” revenue shortfalls must be addressed and its economy must become more competitive and inclusive if poverty is to be reduced, the World Bank has said.
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12 Feb 16
The Asian Development Bank has announced $10bn in funding for Indonesia over the next five years to help it further develop, particularly in infrastructure terms.
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11 Feb 16
Iran’s development bank for industries and mining has signed its first post-sanctions financing agreement with India’s Export-Import Bank to develop Iran’s railways.
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11 Feb 16
World Bank president Jim Yong Kim has pressed Pakistan to step up its economic reform ambitions and seize related opportunities for growth.
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9 Feb 16
The Asian Development Bank today approved a $400m loan to help the Philippines expand its successful health and education conditional cash transfer programme.
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9 Feb 16
There has been a threefold increased in the size of the middle class in eastern European and central Asian nations since 2001, according to the United Nations Development Programme.