Approved new lending by the Asian Development Bank (ADB) to Central and Western Asian countries fell to $2.75bn in 2014, down from $4.13bn in 2013, according to the latest figures published in the bank’s 2014 annual report.
The energy sector made up 57% of the new lending and grants, followed by the transport sector (25%), public finance and management (8%), environment and natural resources (5%), urban services (3%), and emergency assistance (2%), the report shows.
The ADB as a whole approved total operations for $22.92bn in 2014, up from $20.99bn in 2013.
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