Tag: Anne-Charlotte Malm

Swedish “innovative” guarantee loan funding to Asia

Despite increased economic growth in Asia, two-thirds of the world’s poorest people live here. In order to stimulate innovative projects to reduce poverty, Sida has issued a guarantee of 1.3 billion SEK (approx. 155 million USD) to the Asian Development Bank (ADB). The guarantee will enable the ADB to increase its lending to new projects…