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    Asian Development Bank Adb

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    arun_agl
    The Asian Development Bank (ADB) was established in 1966 in Manila, Philippines to foster economic growth and cooperation in Asia. It has 67 member countries and provides loans, grants, and technical assistance to support projects focused on reducing poverty. The ADB is governed by a Board of Directors and has a capital structure that includes over $10 billion in annual lending with additional funding for grants and technical assistance.

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    Asian Development Bank Adb

    Uploaded by

    arun_agl
    59 views11 pages
    The Asian Development Bank (ADB) was established in 1966 in Manila, Philippines to foster economic growth and cooperation in Asia. It has 67 member countries and provides loans, grants, and technical assistance to support projects focused on reducing poverty. The ADB is governed by a Board of Directors and has a capital structure that includes over $10 billion in annual lending with additional funding for grants and technical assistance.

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    20038555 Asian Development Bank Adb

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    The Asian Development Bank (ADB) was established in 1966 in Manila, Philippines to foster economic growth and cooperation in Asia. It has 67 member countries and provides loans, grants, and technical assistance to support projects focused on reducing poverty. The ADB is governed by a Board of Directors and has a capital structure that includes over $10 billion in annual lending with additional funding for grants and technical assistance.

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    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    59 views11 pages

    Asian Development Bank Adb

    Uploaded by

    arun_agl
    The Asian Development Bank (ADB) was established in 1966 in Manila, Philippines to foster economic growth and cooperation in Asia. It has 67 member countries and provides loans, grants, and technical assistance to support projects focused on reducing poverty. The ADB is governed by a Board of Directors and has a capital structure that includes over $10 billion in annual lending with additional funding for grants and technical assistance.

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    ASIAN DEVELOPMENT BANK

    (ADB)
    SADIA FAROOQ
    MAVRA RIAZ
    INTRODUCTION
    • ADB commenced its operation in December,
    1966
    • Headquarter: Manila (Philippines).
    • President: Haruhiko Kuroda
    • Budget:
    • Members: 66 member countries.
    BACKGROUND
    • ADB was conceived amid the postwar rehabilitation and
    reconstruction of the early 1960s.
    • The vision was of a financial institution that would be Asian in
    character and foster economic growth and cooperation in the
    region – then one of the poorest in the world.
    • In Dec, 1963 the Economic commission for Asia and far-east
    (ECAFE) conference was held in Manila, Philippines.
    • ADB was established in Manila on December 4, 1966.
    CAPITAL STRUCTURE
    Total loans in 2007: US$ 10.1 billion
    Total grants in 2007: $ 672.7 million
    Technical assistance in 2007: $243.4
    million
    Private Sector Assistance in 2007: $1.75
    billion
    MANAGEMENT
    • General direction and operations of ADB rests
    with 12 members Board of Directors.
    8 directors represent countries from Asia-Pacific.
    4 represent rest of member countries.
    • Each director serves for a term of two years and is
    eligible for re-election.
    The president of a bank Haruhiko Kuroda, though
    not a director, is also the chairperson of the board
    of directors.
    MEMBERS

    Total members: 67 countries


    47 countries from Asia- Pacific.
    19 non- regional members
    It was initially set-up with 31 members. Now it
    has 67 members.
    Pakistan has been the member of ADB since
    1966.
    ABOUT ADB
    • ADB’s main instruments for helping its developing
    member countries are policy dialogue, loans, equity
    investments, guarantees, grants, and technical
    assistance (TA).
    • Over the last 4 years (2004–2007), ADB’s annual
    lending volume averaged $7 billion, with TA
    averaging $218 million and grant-financed projects
    $616 million.
    • In 2007, lending volume was $10 billion, with TA at
    $243 million and
    • grant-financed projects at $673 million.
    OBJECTIVES
    Promote capital formation in developing
    countries.
    Poverty Reduction.
    Co-ordination of trade among member
    countries.
    Improvement of living standard in member
    countries.
    FUNCTIONS
    1. It provides financial assistance to
    underdeveloped and developing countries.
    2. It helps in promotion of trade and commerce
    among member countries.
    3. It also helps in developing countries in paying
    off their foreign debts.
    4. It also arranges loans from WB and IMF.
    5. It helps in provisional of technical assistance
    for the development projects of developing
    countries.
    ADB and Pakistan
    • Pakistan is the ninth largest shareholder in ADB
    among its regional members.
    • Overall, Pakistan is the 13th largest shareholder.
    • Pakistan has received about $18.59 billion in
    loans since joining ADB in 1966
    • ADB is working with the Government and the
    private sector to improve the country’s
    infrastructure, energy security, and basic public
    services.

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