Asian Development Bank

Asian Development Bank

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The Asian Development Bank (ADB) is a regional development bank established in 1966, headquartered in Manila, Philippines. It aims to promote social and economic development in Asia through loans, technical assistance, and grants for development projects. The bank focuses on various sectors, including infrastructure, education, and environment, and works to foster cooperation among its member countries to improve living conditions and reduce poverty. Recently, ADB raised its economic growth forecast for Georgia to 7% for 2025, reflecting positive trends in the region.

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