ADB Launches $6 Billion Initiative and Institutional Support to Deepen ASEAN Capital Markets
Philippines, April 10 -- The Asian Development Bank (ADB) announced plans to mobilize up to $6 billion by 2030 and provide institutional support to capital market regulators in Southeast Asia to accelerate the development of the region's capital markets and strengthen its long-term financial resilience against external shocks. Capital markets are essential for mobilizing the private finance that countries need for infrastructure in various sectors like energy, transport, healthcare, and education. ADB's support package will include policy-based financing to help countries strengthen the enabling environment for domestic capital market development and deepen integration across the region. ADB will provide support to strengthen regulatory fra...
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