MISSION

In its mission to reduce poverty in the Asia-Pacific region, ADB

focuses on different development issues.

which aim to improve people's lives, especially the 621 million people
in the region who are struggling on less than US$1 per day.

The Long-Term Strategic Framework of ADB

2008–2020
•President: Haruhiko Kuroda
•Headquarters: Manila, Philippines
•ADB Fast Facts
•Founded: 1966

•Members: 67

•Regional members: 48

•Nonregional members: 19

•Field offices: 26

•Total employees: 2,400+

•Nationalities employed: 50+

•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

 Our Vision - an Asia and Pacific Free of Poverty

•ADB is an international development finance institution whose mission

is to help its developing member countries reduce poverty and improve
the quality of life of their people.
•Headquartered in Manila, and established in 1966, ADB is owned and
financed by its 67 members, of which 48 are from the region and 19 are
from other parts of the globe.
•ADB’s main partners are governments, the private sector,
nongovernment organizations, development agencies, community-
based organizations, and foundations.
•Under Strategy 2020, a long-term strategic framework adopted in 2008,
ADB will follow three complementary strategic agendas: inclusive
growth, environmentally sustainable growth, and regional integration.
•In pursuing its vision, ADB’s main instruments comprise loans,
technical assistance, grants, advice, and knowledge.
•Although most lending is in the public sector - and to governments -
ADB also provides direct assistance to private enterprises of
developing countries through equity investments, guarantees, and
loans. In addition, its triple-A credit rating helps mobilize funds for
development
 PRIORTIES

•Dynamic economic development has substantially helped

reduce poverty in Asia and the Pacific. The number of people
struggling on $1 a day or less has come down from 900 million
in 1990 to less than 600 million today.
•The region’s economic growth has, however, been
accompanied by widening disparities both within and between
countries. Such disparities, together with climate change and
the mounting environmental costs of growth, threaten to
undermine the region’s development.
•Moreover, Asia and Pacific remains home to two thirds of the
world's poor. In addition to the hundreds of millions of Asians
who survive on less than $1 a day, some 1.7 billion people make
ends meet on less than $2 a day.
•To fulfill its mission and realize its vision of an Asia and Pacific
free of poverty, ADB will follow three complementary strategic
agendas, as set out in Strategy 2020, ADB’s long-term strategic
framework: inclusive growth, environmentally sustainable
growth, and regional integration.
 Five Core Areas of Operation

Financial
Sector
Development

Environment Infrastructure Education

Regional
cooperation
 Operations

ADB works in partnership with governments and

public and private enterprises in its developing
member countries on projects and programs that
will contribute to economic and social
development, based on the country's needs and
priorities.
In 2007, ADB approved loans worth $10.1 billion
for 82 projects, most of which went to the public
sector. Technical assistance, which is used to
prepare and implement projects and support
advisory and regional activities, amounted to
$243 million. Grant-financed projects totaled $673
million.
 Responding to Challenges of a Changing Region

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.
The Philippines capital of Manila was chosen to host the new
institution – the Asian Development Bank – which opened its
doors on 19 December 1966, with 31 members to serve a
predominantly agricultural region.
Through the years, ADB's work and assistance levels has
expanded alongside its membership as the region has
undergone far-reaching changes.
As 2007 drew to a close, ADB celebrated 41 years of fruitful
cooperation with the governments and peoples of the Asia
and Pacific region. It could look back on phenomenal
economic growth in the region alongside abiding
development challenges
Publications Access to Energy for the Poor - an Asia-Pacific Regional
Initiative

Transforming Tonga: A Private Sector Assessment

Asset Recovery and

Mutual Legal
Assistance in Asia
and the Pacific

Cook Islands 2008 Social and

Economic Report: Equity in
Development

Frequently Asked Questions on Anticorruption and

Integrity
 Financial Resources

•Carrying a triple-A credit rating, ADB raises funds through bond issues on
the world's capital markets. It also utilizes its members' contributions and
retained earnings from lending operations. These sources comprise ADB's
ordinary capital resources and account for 74.1% of lending to ADB's
developing member countries.
•Loans are also provided from Special Funds Resources – financed mostly
from contributions of donor members for ADB's concessional loan and
technical assistance programs.

•How ADB's Assistance is Financed

•Ordinary Capital Resources: These are a pool of funds available for ADB's
lending operations, replenished by borrowings from the world's capital
markets. OCR loans are offered at near-market terms to better-off borrowing
countries.
•Asian Development Fund: Funded by ADB's donor member countries, ADF
offers loans at very low interest rates and grants that help reduce poverty in
ADB's poorest borrowing countries. Read more about ADF's Impact
•Technical assistance: Assists countries in identifying and designing projects,
improving institutions, formulating development strategies, or fostering
regional cooperation. TA can be financed by grants, or – more rarely – loans
through ADB's central budget or a number of special funds provided by
ADB's donor members.
 GROWTH PROSPECTS

From 31 members at its establishment in 1966, ADB has grown to encompass 67

members – of which 48 are from within the Asia and Pacific region and 19
outside.
Georgia is the 67th and newest member, having joined ADB effective 2 February
2007.
This Presentation was compiled by

Somit Singh
Sambhavna Srivastava
Punya
Komal
Gurleen Kaur Anand