Catalog

Reforms to Improve Assistance
ADB Review [ November 2004 ]

Action plan launched for agenda to boost effectiveness in reducing poverty

MANILA, PHILIPPINES

The Asian Development Bank (ADB) has launched an action plan for a major Reform Agenda to make the institution a more “effective, dynamic, and results-driven catalyst for poverty reduction and prosperity” in Asia and the Pacific.

At a special assembly, ADB President Tadao Chino said the reforms will improve the quality of ADB assistance. He underscored the importance of nurturing a results-based orientation in which everyone is held accountable.

The reforms, which received strong donor support during ADB’s successful Annual Meeting in May in Jeju, Republic of Korea, will address four challenges: managing for development results; improving results on the ground; improving openness, accountability, and responsiveness; and enhancing organizational capability.

“I believe that these reforms will significantly improve ADB’s development effectiveness and help us achieve measurable results in all our operations,” said Mr. Chino.

“I would emphasize that the ADB Reform Agenda is a product of a dynamic partnership in action, and full implementation of the Reform Agenda depends upon developing broader and deeper partnerships with our developing member countries, as well as with other multilateral and bilateral organizations.”

ADB contributions to poverty reduction in the region have been widely appreciated. But poverty remains too prevalent in Asia and progress too slow.

“This agenda positions ADB to take on a greater leadership role in accelerating and sustaining economic and social development in Asia and the Pacific.”

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