Should raise investment from 0.5% of GDP to 2-3%
Asian Development Bank (ADB), established in 1966 in Manila, is dedicated to reducing poverty int he Asia-Pacific region through inclusive economic growth, environmentally sustainable development and regional integration. ADB is owned by 67 members - 48 from the region. It assists its members and partners by providing loans, technical assistance, grants, and equity investments to promote social and economic development. In 2017, ADB financing totaled $32.2 billion, including $11.9 billion in co-financing.
INDIA NEEDS $230 BN
Although India has improved its global ranking in the quality of infrastructure index from 87 to 68 during 2014-16, infrastructure continues to be a major bottleneck for the country. Urban areas are the growth engines for the country’s economy and contribute about 63% of the country’s GDP, which will potentially rise to 75% by 2030. However, India’s fast expanding towns and cities face infrastructure deficiencies, weak service delivery mechanisms, inadequate finances and poor local governance.
هذه القصة مأخوذة من طبعة August 2018 من Banking Frontiers.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة August 2018 من Banking Frontiers.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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