Book Description

ADB aims to improve the welfare of the people in the asia and pacific region, particularly the nearly 1.9 billion live less than $2 a day. Despite many success sotires, the region remains home to two thirds of the world's poor. ADB is a multilateral development finance instition owned by 67 members, 48 from the region and 19 from other parts of the globe. ADB's vision is a region free of poverty. It mission is to help its developing member countries are poverty and improve their inequility of life. ADB's main instruments for helping its developing memeber vountries are policy dialogue, loans, equity investments, guarantees, grants and technical assistance. ADB's annual lending volume is typically about $6 billion, with technical assistatnce usually totalling about $180 million a year.