Asian Development Bank

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Asian Development Bank

A financial_institution established in 1966 to reduce poverty in the Asia-Pacific region. The bank is headquartered in Manila, Philippines and consists of 61 member countries.

Asian Development Bank

A bank that promotes economic growth and international development in the Asia-Pacific region of the world. It finances its activities with bonds and works closely with the International Monetary Fund and the World Bank toward accomplishing its goals. Its two largest shareholders are the United States and Japan. It was established in 1966 and is headquartered in Manila, Philippines.
References in periodicals archive ?
Asia is presumed to witness an investment of about USD 8.0 trillion by the year 2020 according to the Asia development bank. Growing urbanization trend and increasing disposable income of population in countries such as India, Vietnam and China has generated a necessity for better transport systems, water & sanitation facilities and buildings.
However, 'the infrastructure and social services needs of the two provinces outpace the provincial fiscal space available for new infrastructure projects and social services,' says a recent Asia Development Bank (ADB) study.
ISLAMABAD -- Federal Minister for Economic Affairs, Hammad Azhar Thursday urged the Asia Development Bank (ADB) to scale up its lending to Pakistan including programme lending and project financing.
Keeping in view significance of the project, officials in KP Government told reporter on Friday that these projects would be completed with financial assistance of Asia Development Bank to be constructed through Khyber Pakthunkhwa Highway Authority.
Keeping in view significance of the project, officials in KP Government told APP on Friday that these projects would be completed with financial assistance of Asia Development Bank to be constructed through Khyber Pakthunkhwa Highway Authority.
A study by Asia Development Bank (ADB) and International Labour Organisation (ILO) suggested that greater integration under AEC could raise aggregate output by as much as seven per cent and generate around 14 million additional jobs across the region.
The parties also exchanged views on Fijis international achievements, including Fiji's election to the Vice-Presidency of the UN Human Rights Council, the country's successful Presidency of COP23, its commitment to Chile's Blue COP25 Presidency and itshosting of the recently concluded Asia Development Bank's Board of Governors Meeting.
In Asia, 3.4 billion people could be living in "water-stressed areas" by 2050, according to a 2016 Asia Development Bank (ADB) report.
The adviser said that the PTI government has taken difficult decisions to improve economy, adding that following an agreements with the International Monetary Fund (IMF), Pakistan will get loans from World Bank and Asia Development Bank (ADB) on lower interest rates.
WAM also reported that for the transaction, OFID partnered with the International Finance Corporation, the lead arranger of the financing package and its syndications platform known as the Managed Co-Lending Portfolio Programme well as the Asia Development Bank and the German development finance institution, Deutsche Investitions und Entwicklungsgesellschaft.
Asia Development Bank is providing technical and professional support for operationalizing PPPA which aims to forge government- private sector cooperation for long term development projects.
Asia Development Bank is providing technical and professional support for the operations of PPPA, which aims to forge government-private sector cooperation for long-term development projects.

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