ADB and AIM held the competition as part of Digital Week 2019 taking place from 2 to 5 September, said
ADB press statement received here.
MANILA, PHILIPPINES - The Asian Development Bank (
ADB) today established a High-level Advisory Group on Digital Technology for Development.
The meeting, held on Thursday, was also attended by other
ADB and government officials.
"Thank you very much for all the support of
ADB to us.
ADB has accorded approval to extend more 25 million dollars loan to Pakistan.
The
ADB board of directors approved the $500 million in budgetary support under the $800-million Trade and Competitiveness Support Programme.
ADB plans to allocate $900 million to the country in 2019-2023 within the framework of the new five-year strategy, the Bank told local media.
Based on the Asia Bond Monitor, the
ADB said that between 1 March to 15 May, most emerging East Asian markets witnessed a decline in yields on 10-year local currency (LCY) government bonds with the Philippines suffering the largest decline.
On Saturday, two senior members of the government had announced that the
ADB would provide $3.4bn budgetary support to Pakistan to help the latter implement its economic reforms and stabilisation.
Ms Xiaohong Yang, Country Director
ADB Pakistan, and other senior officials of Power Division and
ADB were also present during the meeting.
1970s: When the world suffered its first oil price shock,
ADB increased its support for energy projects, especially those promoting the development of domestic energy sources in member countries.
ADB is preparing seven operational plans as well as action plans for private sector operations and knowledge management to advance implementation of Strategy 2030, ABD said.