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Asia - Institutions
ASIAN DEVELOPMENT BANK ADB.
ADB is a multilateral development finance
institution dedicated to reducing poverty in Asia and the Pacific. Established
in 1966, we are now owned by 63 members, mostly from the region.
ADB's
development work is aimed at improving the welfare of the people of Asia and the
Pacific, especially of the 900 million poor living on less than a dollar a day.
In 2003, ADB approved loans worth $6.1 billion for 66 projects, most of which
went to the public sector. India was the largest borrower, followed by People’s
Republic of China, Pakistan, Bangladesh, and Sri Lanka. Grants worth US$483.5
million were provided, and technical assistance, which is used to prepare
projects and support advisory activities, amounted to $176.5 million.
Strategic Development Objectives: The adoption of poverty reduction as a
strategy gave primacy to ADB's fight against poverty. ADB continues to carry out
activities to promote economic growth, develop human resources, improve the
status of women, and protect the environment, but these strategic development
objectives now serve its poverty reduction agenda. Its other key development
objectives, such as law and policy reform, regional cooperation, private-sector
development, and social development, also contribute significantly to this main
goal.
Developing Member Countries
* Afghanistan
* Armenia
* Azerbaijan
* Bangladesh
* Bhutan
* Cambodia
* China, People's Republic of
* Cook Islands
* Fiji Islands
* Georgia
* Hong Kong, China
* India
* Indonesia
* Kazakhstan
* Kiribati
* Korea, Republic of
* Kyrgyz Republic
* Lao People's Democratic Republic
* Malaysia
* Maldives
* Marshall Islands, Republic of the
* Micronesia, Federated States of
* Mongolia
* Myanmar
* Nauru
* Nepal
* Pakistan
* Republic of Palau
* Papua New Guinea
* Philippines
* Samoa
* Singapore
* Solomon Islands
* Sri Lanka
* Taipei,China
* Tajikistan
* Thailand
* Timor-Leste
* Tonga
* Turkmenistan
* Tuvalu
* Uzbekistan
* Vanuatu
* Viet Nam, Socialist Republic of
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