News
07 March 2016

ADB and EDB sign $1bn cofinancing agreement

Region:
Asia-Pacific

The Asian Development Bank (ADB) and the Eurasian Development Bank (EDB) have signed a $1 billion agreement to expand their cofinancing activities in Armenia, Kazakhstan, Kyrgyzstan, and Tajikistan. EDB will provide $1 billion in cofinancing of ADB projects from 2016 to 2021.

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