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EN
Australia Commits $323m For ADB
['African Examiner']
Asia | African Examiner
Australia Commits $323m For ADB(AFRICAN EXAMINER) – ) The Australian Government has announced about 323 million dollars in funding for the Asian Development Bank (ADB).
They said that the commitment was worth 492 million Australian dollars (about 323 million U.S. dollars).
The fund was given to the ADB’s 2025-28 pledging round for the Asian Development Fund.
It marked an increase from the 423 million Australian dollars (about 278 million U.S. dollars) committed by the Australian government for the previous 2021-24 replenishment.
They said Australia has worked with representatives from the Cook Islands and Kiribati to ensure that Pacific nations would receive over 500 million Australian dollars (about 329 million U.S. dollars).
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