The resilience of Europe’s economic and financial system to future shocks and crises as well as finding the key to sustainable growth were at the centre of a discussion that brought together EU Commissioner Valdis Dombrovskis, Yves Mersch of the European Central Bank, the European Stability Mechanism’s Chief Executive Officer Klaus Regling and EIB President Hoyer.

Speaking at the Global Infrastructure Forum alongside representatives of other financial institutions, Marjut Santoni offered concrete measures on how to ‘de-risk’ investments. She explained this is to get the private sector on board for key projects to promote sustainable growth, which governments and public institutions cannot fund alone.

The Country Partnership Strategy (CPS), 2012–2016 for Uzbekistan was aligned with the priorities of the Asian Development Bank (ADB) and the government of transforming the country into a modern, market-oriented economy. Prioritizing investments in transport, energy, finance, and water and other urban infrastructure and services, and in agriculture and natural resources largely supported the country program’s relevance to the overall goal of diversifying the Uzbek economy.

This joint project performance evaluation report of the Northern Region Sustainable Livelihoods through Livestock Development Project is the first joint evaluation exercise between the Independent Evaluation Department (IED) of the Asian Development Bank (ADB) and the Independent Office of Evaluation (IOE) of the International Fund for Agricultural Development (IFAD).

Since 2000, the Government of Uzbekistan has been working with international partners to prepare the public finance management reform. After 7 years of pilot testing, the government adopted a long-term strategic approach to advance public finance reforms. Initially, the Asian Development Bank (ADB) was not directly involved in public finance but largely coordinated activities, through its involvement in financing public sector investment projects.

Sri Lanka had been severely affected by about 3 decades of internal armed conflict, with the Northern Province bearing the brunt of hostilities. This had a destructive effect on the northern region and its population, with much of the infrastructure damaged or destroyed, access to basic social services disrupted, and the livelihood of the population severely affected.

The government of India in 2004—the year of loan appraisal—set the target of installing an additional 100 gigawatts (GW) of generating capacity to provide access to electricity for all households by 2012. At that time, India was experiencing load shedding and quality problems because of the limited power transmission capacity. In 2012, the government approved the National Transmission Development Plan (NTDP) with required investments amounting to $12.6 billion.

At the request of India’s government, ADB prepared a road map and a multitranche program loan to address deficiencies in the country’s power sector. The multitranche financing facility (MFF) modality was well suited for the investment program. To address operational inefficiencies, such as system availability, technical losses, and system reliability, that remained after completion of earlier tranches 1 to 4, Madhya Pradesh Power Sector Investment Program (Tranche 5) was formulated.