Xinhua world economic news summary at 0900 GMT, Dec. 9

DHAKA -- The Asian Development Bank (ADB) on Friday approved a 400 million U.S. dollars policy-based loan to support the government of Bangladesh in implementing its National Adaptation Plan (2023-2050) and 2021 Update of the Nationally Determined Contributions to the Paris Agreement, to achieve a climate-focused inclusive development.

This loan is the first subprogram of the indicative 700-million-dollar Climat