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Nepal’s economy is estimated to modestly expand by 4.7% (at market prices) in fiscal year (FY) 2023, down from an estimated growth of 5.8% in FY2022, says an update of the Asian Development Outlook (ADO) 2022.
ADB is supporting the Export–Import Bank of Thailand, a specialized state-owned financial institution, in issuing its first green bond in accordance with the ASEAN green bond standards.
ADB and UNICEF have started preparing a Sanitation and Hygiene Behavior Change Communication Strategy and Action Plan to help the Baguio City government improve WASH practices and health awareness in the city.
The Kyrgyz Republic’s economy is expected to grow 3.0% in 2022 and 3.5% in 2023 on the back of sustained growth in the first 7 months of this year and a government anti-crisis plan estimated to equal 2.5% of GDP, ADB said in a report.