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ADB and World Bank Sign $3 Billion Enhanced Economic Agreement to Expand Lending.

Economy Business | Dated: 23 Oct 2025

ADB and World Bank signed a $3 billion Enhanced Economic Agreement (EEA) to expand lending for developing countries, focusing on infrastructure, climate resilience, and human capital development.

🎯 Key Highlights:

  • The total value of the Enhanced Economic Agreement (EEA) is $3 billion, aimed at maximizing development impact.
  • The agreement aims at expanding support for developing countries in the Asia-Pacific region.
  • The collaboration focuses on joint projects, co-financing, and knowledge-sharing, particularly in infrastructure.

💡 Other Important Facts:

  • The agreement promotes closer coordination on joint development projects.
  • It aims to maximize the effectiveness of financial support.
  • The funds will primarily support infrastructure and climate resilience projects.

📚 Test Your Knowledge:

Which agreement did ADB and World Bank sign for $3 billion to expand lending?

Correct Answer: Enhanced Economic Agreement (EEA)

🚀 Quick Recap:

About World Bank

  • Established: 1944, HQ: Washington D.C., President: Ajay Banga.
  • About ADB: Established 1966 (Manila), Purpose: Co-financing to maximize development impact.