ASIAN DEVELOPMENT BANK

(ADB)
SADIA FAROOQ
MAVRA RIAZ
INTRODUCTION
• ADB commenced its operation in December,
1966
• Headquarter: Manila (Philippines).
• President: Haruhiko Kuroda
• Budget:
• Members: 66 member countries.
BACKGROUND
• 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.
• In Dec, 1963 the Economic commission for Asia and far-east
(ECAFE) conference was held in Manila, Philippines.
• ADB was established in Manila on December 4, 1966.
CAPITAL STRUCTURE
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
MANAGEMENT
• General direction and operations of ADB rests
with 12 members Board of Directors.
8 directors represent countries from Asia-Pacific.
4 represent rest of member countries.
• Each director serves for a term of two years and is
eligible for re-election.
The president of a bank Haruhiko Kuroda, though
not a director, is also the chairperson of the board
of directors.
MEMBERS

Total members: 67 countries

47 countries from Asia- Pacific.
19 non- regional members
It was initially set-up with 31 members. Now it
has 67 members.
Pakistan has been the member of ADB since
1966.
 ABOUT ADB
• ADB’s main instruments for helping its developing
member countries are policy dialogue, loans, equity
investments, guarantees, grants, and technical
assistance (TA).
• Over the last 4 years (2004–2007), ADB’s annual
lending volume averaged $7 billion, with TA
averaging $218 million and grant-financed projects
$616 million.
• In 2007, lending volume was $10 billion, with TA at
$243 million and
• grant-financed projects at $673 million.
OBJECTIVES
Promote capital formation in developing
countries.
Poverty Reduction.
Co-ordination of trade among member
countries.
Improvement of living standard in member
countries.
FUNCTIONS
1. It provides financial assistance to
underdeveloped and developing countries.
2. It helps in promotion of trade and commerce
among member countries.
3. It also helps in developing countries in paying
off their foreign debts.
4. It also arranges loans from WB and IMF.
5. It helps in provisional of technical assistance
for the development projects of developing
countries.
 ADB and Pakistan
• Pakistan is the ninth largest shareholder in ADB
among its regional members.
• Overall, Pakistan is the 13th largest shareholder.
• Pakistan has received about $18.59 billion in
loans since joining ADB in 1966
• ADB is working with the Government and the
private sector to improve the country’s
infrastructure, energy security, and basic public
services.