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A Government drive to increase the number of poor Nepalese with legal identity documents, which are required to gain access to essential benefits and services, is to receive support from ADB.

ADB is providing $10 million in budget support to the Cook Islands that will give a short-term boost in economic activity in response to the global financial crisis.

Ministers from across Central Asia are gathering in Ulaanbaatar, Mongolia, today for a major annual conference aimed at building transport and energy infrastructure, simplifying border and trade arrangements, and fostering closer cooperation among countries in the region.

ADB has signed trade financing agreements with four Pakistan banks.

ADB will provide a $100 million loan to Viet Nam to support policy reforms aimed at fostering economic growth and reducing poverty.

ADB will provide $3 million in emergency grant assistance to help meet the near-term rehabilitation needs of the quake-affected areas of West Sumatra, Indonesia, following the 30 September earthquake that killed over 800 people and damaged more than 133,000 homes.

ADB and the Government of Japan are providing technical assistance to help the Indian state of Karnataka prepare a road sector master plan that will address its expected needs for the next 10 years.

ADB will support the People’s Republic of China’s drive to develop modern, effective rural financial services that help address the growing income gap between cities and the countryside.

ADB is extending $744 million in loans to Bangladesh to help the Government overcome the impact of the global economic crisis and implement public policy reforms.

The Lao People’s Democratic Republic’s private sector and small and medium-sized enterprises will receive increased assistance from ADB in an effort to sustain the country’s economic growth amid the global financial crisis.