Following the recession triggered by the 2009 global financial crisis, Armenia’s infrastructure public spending fell sharply, causing further deterioration of the country’s road and water assets and services. To help address the situation, the Asian Development Bank (ADB) approved in August 2014 a $49 million concessional loan from the Asian Development Fund for Armenia’s Infrastructure Sustai
The People’s Republic of China (PRC) has some of the worst land degradation in the world, with more than 40% of its land area, or about 3 million square kilometers (km2), adversely affected in 2005. The vast western region, which accounts for 71% of the PRC’s land area, with a population of more than 350 million at the time, including many of the country’s poorest and most vulnerable, was sign
Pakistan’s nationalization program in the 1970s led to significant government ownership of companies and parastatal bodies across all economic sectors. Recognizing the limitations of this setup, the government started privatizing selected entities in the 1990s.
Under its 2005 poverty reduction strategy, the government of Bangladesh prioritized technical and vocational education and training (TVET) to maximize the opportunities for self- and wage employment accompanying economic growth.