By Bhavani singh

141206

VISION AND MISSION

Vision : An Asia and Pacific Free of

Poverty

Mission: to help its developing member

countries reduce poverty and improve the
quality of life of their people.

ADBs Goals
1. Promoting economic growth
2. Reducing poverty
3. Developing human resources
4. Improving the status of women
5. Protecting the environment

ADBs Principal Functions

(i)

(ii)

(iii)

(iv)

to extend loans and equity investments for the

economic and social development of its developing
member countries (DMCs);
to provide technical assistance for the preparation
and execution of development projects and
programs, and for advisory services;
to promote and facilitate investment of public and
private capital for development purposes; and
to respond to requests for assistance in
coordinating development policies and plans of its
DMCs.

Projects & Programme

Supported Projects
1. Agriculture and natural resources,
2.
3.
4.
5.
6.

Energy,
Finance,
Industry and non-fuel minerals,
Social infrastructure,
Transport and communications.

MEMBERSHIP

31 members at its establishment in 1966

has grown to encompass 67 members
Georgia is the 67th and newest member,
having joined ADB effective 2 February
2007
of which 48 are from within the Asia and
Pacific the region and 19 are from other
parts of the globe.

ADB PARTNERS

Governments,
Private sector,
Nongovernment organisations,
Development agencies,
Community-based organizations, and
foundations.

Organizational Structure

ADBs President

Takeshi Watanabe
1966 - 1972
Shiro Inoue
1972 - 1976
Taroichi Yoshida
1976 - 1981
Masao Fujioka
1981 - 1989
Kimimasa Tarumizu
1989 - 1993
Mitsuo Sato
1993 - 1999
Tadao Chino
1999 - 2005
Haruhiko Kuroda
2005-present

HISTORICAL BACKGROUND

19 December 1966, established at Manila with 31 members to serve a

predominantly agricultural region .
1970 - Assistance expanded into education, health, infrastructure and
industry.

ADB's first bond issue in Asia - worth $16.7 million - in Japan.

1973 - set up Asian Development Fund

1974 - Asian Development Fund to provide concessional lending to

ADB's poorest members.
1980 - made its first direct equity investment,
began to use its track record to mobilize additional resources for
development from the private sector.
also increased its support to social infrastructure, including gender,
microfinance, environmental, education, urban planning, and health
issues.

Cont.

1982 - ADB opened its first field office - a

Resident Mission in Bangladesh - to bring
operations closer to their intended
beneficiaries
approved a policy supporting collaboration
with nongovernment organizations to
address the basic needs of disadvantaged
groups in its developing member countries.
1990 - promoting regional cooperation,
forging close ties among neighboring
countries through an economic cooperation
program in the Greater Mekong Subregion.

Cont..

1995 - ADB became the first multilateral organization

to have a Board-approved governance policy to ensure
that development assistance fully benefits the poor.
Policies on the inspection function,
involuntary resettlement, and indigenous peoples designed to protect the rights of people affected by a
project - were also approved.
1997 - ADB approved its largest single loan-a
$4 billion emergency loan to the Republic of Korea-and
established the Asian Currency Crisis Support Facility to
accelerate assistance.
1999 - recognizing that development was still
bypassing so many in the region, ADB adopted
poverty reduction as its overarching goal.

Cont.

Into the 21st Century

new focus on helping its developing members achieve the
Millennium Development Goals and to enhance development
effectiveness.
providing support at national and regional levels to help
countries more effectively respond to HIV/AIDS and the
growing threat of avian influenza.
ADB had to respond to other unprecedented natural disasters,
committing more than $850 million for recovery in areas of
India, Indonesia, Maldives, and Sri Lanka hit by the Asian
tsunami disaster of December 2004 and a $1 billion line of
assistance to help victims of the October 2005 earthquake in
Pakistan.
Strategy 2020

Long-term Strategic Framework

2008- 2020
approved in April 2008
Three strategic agendas:
1. Inclusive growth,
2. Environmentally sustainable growth
3. Regional integration
Five drivers of change:
(i) private sector development/operations,
(ii) good governance and capacity development,
(iii) gender equity,
(iv) knowledge solutions,
(v) partnerships

Cont.
Five core specializations:
(i) infrastructure,
(ii) environment including climate change,
(iii) regional cooperation and integration,
(iv) financial sector development,
(v) education

Cont..
Operational Activities
1. Public Sector Lending Operations
2. Co-financing and Guarantee Operations
3. Grants
4. Technical Assistance
5. Private Sector Operations

Asian Development Fund

(ADF)

Since 2000,
helped build 38,000 schools and
build or improve 6,700 health facilities
helped provide over 200,000 safe water
connections
irrigate more than 300,000 hectares of
land
build or rehabilitate 42,000 kilometers of
roads

ADBs lending volume

In 2008, lending volume was $10.49 billion (86

projects), with TA at $274.5 million (299 projects)
and grant-financed projects at $811.4 million (49
projects).
Over the last 5 years (20042008), ADBs annual
lending volume averaged $7.70 billion, with TA
averaging $231.5 million and grant-financed projects
$655.1 million.
As of 31 December 2008,the cumulative totals were
$143.53 billion in loans for 2,147 projects in 41
countries,$4.08 billion for 263 grant projects, and
$3.55 billion for 6,599 TA projects.

INDIA & ADB

founding member of the ADB and its fourth

largest shareholder.
ADB Membership
Joined 1966
Shares held 224,010 (6.32%)
Votes 237,242 (5.35%)
Ashok K. Lahiri is the Executive Director and
Md. Aminul Islam Bhuiyan is the Alternate
Executive Director representing India on the ADB
Board of Directors.
Tadashi Kondo is the ADB Country Director for
India.

The India Resident Mission (INRM)

was opened in 1992.

provides the primary operational link between
ADB and the government, private-sector, and civilsociety stakeholders in its activities.
INRM engages in policy dialogue and acts as a
knowledge base on development issues in India.
The India government agency handling ADB affairs
is the Ministry of Finance.

Relationship with ADB

ADB has approved 130 loans (sovereign and

nonsovereign) amounting to $20,586.5 million since
1986.
Since 1988, ADB has approved 254 technical
assistance (TA)
projects amounting to $181.6 million, of which 58
(amounting to $78.4 million) are under implementation.
In 2008, India was the largest borrower
As of 31 December 2008, the portfolio included 44
ongoing loans for $8.2 billion with $3.3 billion to
transport, $1.7 billion to urban infrastructure, $1.5
billion to the energy sector, and $1.0 billion to the
financial sector.

Key constraints will have to be

addressed:

infrastructure bottlenecks and lack of long-term

funds for infrastructure investment
the weak performance of agriculture and the
urgent need to reinvigorate this sector and the
overall rural economy
interstate disparities in terms of economic and
social indicators
relatively poor education and health indicators
despite the economic progress made over the past
decade; and
ensuring that growth is environmentally
sustainable.

Impact of Assistance
1. The Housing Finance II project, consisting of
loans 1759 and 1761(March 2002June
2007),
provided loans to low-income households or
home purchases or improvements through
financial intermediaries, both in the formal
and informal sectors
resulted in improved living conditions for the
sub-borrowers and helped build linkages
between theformal and informal institutions
in the housing finance sector.

Impact of Assistance
2. The Gujarat Earthquake Rehabilitation and
Reconstruction Project(May 2001November 2007)
helped in reconstructing and restoring damaged
infrastructure in the earthquake-affected areas of
Gujarat state, India.
enabled early restoration of economic and social
activity, especially for poor and lower-income
groups, by reconstructing houses in rural areas;
improving the urban and rural water
supply,sewerage, drainage, and sanitation;
onstructing power substations;and improving
transmission and distribution.

India: Cumulative ADB Lending as of 31 December 2008

Sector

Loans (no.)

Amount ($ million)

Agriculture and Natural

Resources
Energy

93.31

%
0.45

41

6,799.39

33.03

Finance

13

2,410.00

11.71

Health, Nutrition, and

Social Protection
Industry and Trade

58.64

0.28

335.9

1.63

Law, Economic
Management,
and Public Policy

950

4.61

Multisector

20

2,958.00

14.37

Transport and
Communications
Water Supply, Sanitation,

32

6,366.85

30.93

614.4

2.98

130

20,586.50

and Waste Management

Total

100

Thank You