In Palau, ADB is helping to enhance the island state's utility services and public sector performance. The bank is also providing support to address Palau's infrastructure needs, strengthening its social services, and scale up efforts in climate action and disaster risk reduction. Explore this #ADBFactSheet to learn more. 👉 https://ow.ly/R65f50SC85b
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ADB has kept its growth outlook for Southeast Asia unchanged from April at 4.6% for 2024 and 4.7% for 2025. Key growth drivers include improved consumption, higher infrastructure spending, and an expected rebound in exports in the region's big economies. Explore #ADO2024 for detailed forecasts for Southeast Asian economies. 👉 https://ow.ly/Eo7s50SKCJT
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Will accounting for nature's economic worth change the way we value it? China is mainstreaming a method called natural capital accounting in its policies and investment decisions. Learn from its experience and see how this approach can help other countries better manage their natural resources. Read this ADB Brief. 👉 https://ow.ly/ZKGo50SK1L9
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Norway, a founding member of ADB, has provided over $480 million in capital subscription and contributed more than $371 million to ADB's special funds. Norwegian businesses have also partnered with ADB to support micro, small, and medium-sized enterprises in India and Cambodia. Learn more in this #ADBFactSheet. ⬇️ https://ow.ly/Mmnr50Sm95t
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In Asia and the Pacific, gender inequality and disability exclusion leave women and girls with disabilities at heightened risk. This publication offers guidelines, backed by case studies, to address their needs and ensure their inclusion in development initiatives across sectors. Read and download it here. 👉 https://ow.ly/LzVB50SbsZV
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ADB has revised up its growth outlook for economies in the Caucasus and Central Asia, fueled by stronger-than-expected growth in Azerbaijan and the Kyrgyz Republic. Read the latest #ADO2024 report for more insights. 👉 https://ow.ly/YSOE50SGRNF
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Tackling inequality requires a deeper understanding of the circumstances that trap people in poverty. This paper presents a new approach to measuring inequality of opportunity to better understand its long-term effects. It also highlights the need for corrective policies to expand opportunities to those who have only a few of them. Read and download it here. 👉 https://ow.ly/k0va50SHTUN
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Since 2019, ADB has partnered with Niue to strengthen public financial management, social protection, and infrastructure planning. Explore the details in this #ADBFactSheet. 👉 https://ow.ly/wbOO50SC796
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Bangladesh's garment industry has been a cornerstone of its export-led economic growth, but the country's heavy reliance on this sector leaves its exports vulnerable to trade shocks. This paper examines the challenges of diversifying and expanding Bangladesh's export portfolio. It also explores how the country's impending graduation from Least Developed Country status could impact these efforts. Read and download it here. 👉 https://ow.ly/Osr250SGWoO with Mohammad Abdur Razzaque, PhD, Rabiul islam, and Barun Kumar Dey
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ADB's growth forecasts for the Pacific remain unchanged from April at 3.3% for 2024 and 4.0% for 2025. Robust international arrivals, the resumption of public infrastructure projects, and revived mining activity in Papua New Guinea continue to drive the region’s growth outlook. For more insights, explore the latest #ADO2024. 👉 https://ow.ly/Cwzg50SGRMl
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