Activities
ADB's overarching goal is to reduce poverty in Asia and the Pacific.
It helps improve the quality of people's lives by providing loans
and technical assistance for a broad range of development activities.
Find out more about our operations.
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ADB's 2007 budget has been prepared taking into account the thrust of ADB's strategies, policies, and work programs.
View ADB's budget for 2007.
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ADB is a multilateral development finance institution that engages
in mostly public sector lending for development purposes in its
developing member countries.
ADB's clients are its member governments, who are also its shareholders.
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No. ADB is a development bank that lends to governments for development projects. It has no individual clients.
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On 30 November 1965, delegates of the United Nation's Economic
Commission for Asia and the Far East voted Manila to host the ADB
headquarters.
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Yes. Our headquarters is in Manila, Philippines. We also have offices
in many borrowing countries in Asia and
the Pacific region as well as in three cities in developed member
countries, namely, Frankfurt, Tokyo,
and Washington, DC.
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We focus on poverty reduction.
In doing so, we emphasize:
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Yes. Over the years, we have played a significant contribution in economic
and social transformation of Asia and the Pacific-- boosting economic
growth, fostering social development, and helping improve the quality
of life for millions of people.
An ADB perceptions survey conducted in early 2006 revealed that more than 700 opinion leaders in 30 member countries viewed ADB as effective and largely successful in its work, but could do better. Read the 14 November 2006 news release about the survey.
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No. ADB is a development bank, focused exclusively on reducing
poverty in the Asia-Pacific region. It recognizes both the potential
benefits and the downside risks of globalization - and tries to
maximize the former and minimize the latter.
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