28 C
Port Moresby
February 28, 2020
Business News Pacific

ADB Releases Key Indicators for Asia and the Pacific 2016

The Asian Development Bank (ADB), an organisation which is based in Manila and is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration, has just released the 2016 edition of Key Indicators for Asia and the Pacific.

Key Indicators 2016 provides the latest available economic, financial, social, and environmental statistics for the 48 regional members of the Asian Development Bank (ADB).

According to a press release yesterday, ADB unveiled the highlights of this year’s report to be;

  • Sustainable Development Goals (SDG) Indicators in Asia and the Pacific: For the first time since their approval by the United Nations General Assembly in 2015, Key Indicators 2016 integrates SDG data.
  • Regional and country trends and tables, including indicators across eight themes: people; economy and output; money, finance, and prices; globalization; transport and communications; energy and electricity; environment; and government and governance.
  • Updated tables and data for the Global Value Chain statistics which were introduced for the first time in Key Indicators 2015.
  • Updates to the Key Indicators database including data for development, their source, and their methodology. Visit adb.org to get direct access to the database.

Some of the new elements for 2016 include disaggregated data across economic sectors consistent with the System of National Accounts 2008 and updated Balance of Payments data in line with the sixth edition of the Balance of Payments and International Investment Position Manual.

It was also announced that ADB will mark 50 years of development partnership in Asia in December this year. Owned by 67 members—48 from the region, ADB assistance totalled $27.2 billion, including cofinancing of $10.7 billion in 2015.

Related posts

Lae Student Violence Victims: Relatives Unhappy

EMTV Online

Gerehu Suburbanites Frustrated Over Rubbish

EMTV Online

2015 Pacific Games Baton Unveiled in Port Moresby

EMTV Online
error: Content is protected !!