Asian development bank
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Transcript of Asian development bank
ASIAN DEVELOPMENT BANK
Presented byMD ISHTIAQUE
MUSTAFA KHANKESHNATH SINGH
ABDUL MALIKMD SHAHID
Asian Development Bank
Fighting Poverty in Asia and the Pacific
Motto Fighting poverty in Asia and the Pacific
Formation 22 August 1966
Purpose/focus Crediting
Headquarters Mandaluyong City, Metro Manila, Philippines
Region served Asia-Pacific
Membership 67 countries President Takehiko Nakao
Asian Development Bank Fighting Poverty in Asia and the Pacific
The Asian Development Bank (ADB) is a regional development bank.
Primary Aim: The Asian Development Bank aims for an Asia and Pacific free from poverty.
Approximately 1.7 billion people in the region are poor and unable to access essential goods, services, assets and opportunities to which every human is entitled.
Cont…
The bank admits the members of the United Nations Economic and Social Commission for Asia and the Pacific and non-regional developed countries.
From 31 members at its establishment, ADB now has 67 members - of which 48 are from within Asia and the Pacific and 19 outside.
Non regional members Regional members
Asian Development Bank
Fighting Poverty in Asia and the Pacific
4819
Management of natural resources
Asian Development Bank
Fighting Poverty in Asia and the Pacific
ZERO INCOME POVERTY
ZERO HUNGER & MALNUTRITION
GENDER EQUALITY
DECENT JOBS FOR EVERY ONE OF WORKING AGE
Goals
Management of natural resources
Asian Development Bank
Fighting Poverty in Asia and the Pacific
HEALTH FOR ALL
IMPROVED LIVING CONDITION FOR ALL
QUALITY EDUCATION FOR ALL
LIVE ABLE CITIES
Management of natural resources
Asian Development Bank
Fighting Poverty in Asia and the Pacific
ENVIRONMENTAL RESPONSIBILITY AND MANAGEMENT OF NATURAL RESOURCES
DISASTER RISK REDUCTION
ACCOUNTABLE & RESPONSIVE GOVERNMENTS
STRONG DEVELOPMENT PARTNERSHIPS & REFORMED GLOBAL GOVERNANCE
Function
1. Promote investment in the region of public and private capital for development purposes.
2. Provide loans for the economic and social development of the member countries of the region.
3. Help member countries in coordinating their development policies and plans.
Cont..
4. Provide technical assistance for the preparation, financing and execution of development projects and programmes.
5. Undertake such other activities and provide such other services as may advance its objectives.
6. Provide financial and technical assistance to member countries for environmental protection.
Cont..
7. Act as financial intermediary by transferring resources from global capital markets to developing countries.
8. Support public resource mobilization and management to member countries.
The Bank's operations cover a wide spectrum of activities
and have been classified according to the following sectors:
Agriculture Education Energy Finance Health
Areas of Work
Industry and Trade Information and Communication Technology Public Sector Management Social Protection Transport Water
Need
ChallengesCHALLENGES
ADB & INDIA India became a member of the Asian Development
Bank (ADB) as a founding member in 1966. India is holding 6.33% of shares, totaling 672,030
shares, in ADB as on 31st December, 2012. India has 5.36% voting rights. ADB holds Annual meetings in a member country
in late April or early May every year. 46th Annual Meeting of the ADB is being hosted by India during 2-5 May, 2013 in New Delhi.
Role of ADB in IndiaABD’S INTERFACE WITH INDIA ADB assistance to India commenced in 1986.
Average Annual Lending $
1986-1996 $586 million 1997-2002 $905 million 2003-2007 $1.094 billion2008-2012 $1.9 billion
Support to india 1) ADB supports push for more private
sector investment in affordable homes. 2) $300 million loan signed to support
India's national urban health program. 3)ADB $200 Million loan to help India's
Axis bank finance small holders farmers.
CONT..
Core focus of ADB’s strategy in India-poverty reduction through infrastructure-led growth.
ADB provided assistance mainly for national programs through central public utilities in the transport and energy sectors.
ADB has expanded operations beyond the power, transport, and urban sectors into areas focusing on financial inclusion and generation of sustainable livelihoods, integrated water resources management with a focus on climate change adaptation, agribusiness infrastructure development; and tourism.
IMPACT OF ASSISTANCE
1. Support for the Rural Roads Program since 2003 is helping to improve connectivity in rural areas of five states-Assam, Chhattisgarh, Madhya Pradesh, Orissa, and West Bengal
2. The Gujarat Power Sector Development Project (December 2000–March 2007) helped the government of Gujarat by establishing an appropriate legal and regulatory framework for the electricity sector
3. The Gujarat Earthquake Rehabilitation and Reconstruction Project(May 2001–November 2007) has helped in reconstructing and restoring damaged infrastructure in the earthquake-affected areas of Gujarat
CONT…4. The Tsunami Emergency Assistance (Sector)
Project has helped to rebuild houses, roads, bridges, ports facilities, and other public infrastructure incorporating better safety standards
5. The Housing Finance II project, consisting of loans(March 2002–June 2007), provided loans to low-income households for home purchases or improvements through financial intermediaries
Achievements of the Asian Development Bank:
Afghan Diaspora project. Funding Utah state university led projects to bring
labor skills in Thailand. Earthquake and tsunami emergency support project
in Indonesia. Greater Mekong sub regional program. ROC ping hu offshore oil and gas development. Strategic private sector partnerships for urban
poverty reduction in the Philippines. Trans-Afghanistan gas pipeline feasibility
assessment.
CONTI… Loan of $1.2 billion to bail it out of an impending
economic crisis in Pakistan and ongoing funding for the countries growing energy needs, specifically Hydro-power projects.
Micro finance support for private enterprises, in conjunction with governments, including Pakistan and India.
The Yichang-Wanzhou Railway project in the mountainous area of western Hubei Province and north-eastern Chongqing Municipality, China.
Colombo Harbor Expansion Project.
OBJECTIVES To promote investment in ESCAP region
of public & private capital for development
To utilize the resources for financing development, giving priority to the projects