Asian Development Fund

An instrument of the Asian Development Bank that offers grants and low-interest loans to developing countries in Asia. The ADF seeks to reduce poverty and promote sustainable development in its program area. It was established in 1973 and is funded through its donor countries.

References in periodicals archive ?

The International Development Association (IDA) accounts for 14%, the Asian Development Fund - 11.8%, and the Islamic Development Bank - 5.8%, according to a World Bank report.

China is the main lender of Tajikistan

In 2018, energy and transport were the top sectors focused on by ADB's operations, which accounted for 23 percent each of ADB's Ordinary Capital Resources (OCR) and Asian Development Fund (ADF) operations.

'Private funds, govt data vital in infra gap'

In 1974, a major landmark of the ADB was the establishment of the Asian Development Fund to provide low-interest loans to ADB's poorest members.

ADB - 65 YEARS OF DEVELOPMENT PARTNERSHIP

At the same time, the minister said that according to the instructions of the country's leadership, Azerbaijan will participate as a donor country in the programs of international financial organizations, as well as the Asian Development Fund of the ADB.

Azerbaijan to participate as donor country in int'l financial organizations

During its hosting of the first summit of the ACD, Kuwait had proposed to establish the Asian development fund, with a capital of USD one billion, and announced contributions of USD 300 million.

Asia Cooperation Dialogue lauds His Highness Amir's development fund initiative

ISLAMABAD -- Pakistan continues to face funding challenges for disaster risk reduction and disaster response, and the heavily decentralised approach to disaster relief fund is complicating challenges in enhancing disaster relief management, says a new report of the Asian Development Fund.

Pakistan facing funding challenges in reducing disaster risk: report

The Asian Development Fund, meanwhile, is funding for the development of basic infrastructures like roads and water supply to the town.

Works begin at new Rani Bagan town in Sarpang

All three grants are financed from the Asian Development Fund, ADB's grant-based development financing vehicle.

ADB approves financing for Pacific Disaster Resilience Program

It is ADB's largest shareholder and the biggest contributor to the Asian Development Fund, ADB's concessional window for poorer countries.

Asia needs $1.7tr annually for infrastructure development

Concessional loans and grants from the Asian Development Fund (ADF) reached $3.1 billion, with $2.6 billion going to loans and $518 million to grants while the technical assistance, meanwhile, increased by around 20% to $170 million from 2015's $141 million figure.

ADB operations for Asia, Pacific increase by 17 pc

3 -- The Government entered into a loan agreement with the Asian Development Bank to obtain a loan of USD 60 million from the Asian Development Fund to implement the PuraNeguma - Local Government Enhancement Sector Project.

USD 60 Million Loan From ADB To Provide Drinking Water Facilities

The report further said that the cumulative disbursements to Pakistan for lending and grants financed by ordinary capital resources , the Asian Development Fund , and other special funds amounting to US $ 19.59 billion.