Asian Development Fund

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 ?
6 billion in capital subscription and contributed and committed over $692 million to ADBs Asian Development Fund.
The Asian Development Fund, meanwhile, is funding for the development of basic infrastructures like roads and water supply to the town.
All three grants are financed from the Asian Development Fund, ADB's grant-based development financing vehicle.
It has been the top contributor to ADB's Special Funds such as the Regional Cooperation and Integration Fund (RCIF), the Technical Assistance Special Fund (TASF), the Asian Development Bank Institute (ADBI), Japan Special Fund (JSF) and the Asian Development Fund (ADF).
It is ADB's largest shareholder and the biggest contributor to the Asian Development Fund, ADB's concessional window for poorer countries.
Concessional loans and grants from the Asian Development Fund (ADF) reached $3.
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.
Kuwait will be working with its Asian partners to achieve development on all possible spheres, said His Highness Sheikh Sabah who noted that his country announced in 2012 an initiative to form an Asian development fund with a capital of USD two billion.
Nakao's first term, ADB has re-aligned its strategic priorities through the Midterm Review of Strategy 2020 and increased its lending capacity from $13 billion in 2014 to $20 billion by 2020 through the merger of Asian Development Fund operations with the Ordinary Capital Resources balance sheet.
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.
This money comes from the bank's second pool of financing, the Asian Development Fund (ADF).
Such an agenda would dovetail with the planned combination of its concessional Asian Development Fund lending operations and ordinary capital resources balance sheet.
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