Huge increases in electricity demand, averaging more than 13% annually in 2001-2008, had accompanied the rapid economic growth of the People’s Republic of China (PRC) in the years leading to the project appraisal in 2009. As supply could not keep pace with demand, power shortages became rampant in some areas.
After seven years of piloting various elements of fiscal reforms, the government of Uzbekistan adopted a strategic approach to advancing the reform process.
In 2006, the Asian Development Bank (ADB) approved a 10-year, $800 million multitranche financing facility (MFF) to support an investment program that aimed to assist Pakistan in overcoming the capacity constraints in its power transmission system.
During 2000–2005, infrastructure investments in Indonesia dropped to an annual average of 3% of gross domestic product (GDP), from 8% of GDP during 1995–1997. Private infrastructure investment fell sharply from 1.8% of GDP during 1995–1998 to 0.5% of GDP in 2000–2005.
Rising from the tremendous physical damage and human losses wrought by a prolonged civil war that followed the disintegration of the former Soviet Union, Tajikistan more than halved the poverty incidence from 83% in 1999 to 41% in 2007. Its economy had grown substantially, with real gross domestic product expanding at an annual average of 7.5% in 2006−2008.
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