Catalog

News for NGOs
ADB Review [ November 2004 ]

Implementation Review for Anticorruption and Governance Policies

ADB is reviewing the implementation of its governance and anticorruption policies to improve the effectiveness of ADB-assisted activities in developing countries. The review considers how effectively the policies have been operationalized across ADB’s country programs and assessments, projects, and technical assistance. The results will help prepare a new Medium Term Action Plan for 2005–2009. For more information, contact Asha Newsum at governance_review@adb.org.

Board Adopts Committee Recommendation on Chashma Project

ADB’s Board of Directors has approved the Board Inspection Committee’s recommendation on the inspection of the Chashma Right Bank Irrigation Project (Stage III) in Pakistan. ADB President Tadao Chino announced that he is immediately sending a mission to Pakistan to work with the Government in implementing the Inspection Committee’s recommendation. He also ordered a review of the lessons learned from the inspection for incorporation into ADB’s internal business processes.

Study Examines Transformation of NGOs into Regulated Financial Institutions

ADB has published, Micro Success Story? Transformation of Nongovernment Organizations into Regulated Financial Institutions. Authored by Nimal Fernando, ADB Lead Rural Financial Specialist, the study examines the ownership structure, expectations, and achievements of microfinance institutions that have been established by transforming NGOs in Africa, Asia, and Latin America. Although few, these institutions have had a catalytic effect and major influence on the microfinance industry. To order, contact adbpub@adb.org.

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