Republic of Korea Commits $2 Billion in Cofinancing with ADB

TBILISI — The Republic of Korea today signed a memorandum of understanding (MOU) with the Asian Development Bank (ADB) earmarking $2 billion in cofinancing for ADB sovereign operations over the next 3 years. The cofinancing will support climate change-related projects as well as transport, energy, agriculture, education, governance reform, health, and information and communication technology…

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