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Executive Summary
Summary of Conclusions and Recommendations by ADF Donors
ADF VIII: Requests for Midterm Policy Reviews and Reports
I. Introduction
II. The International Development Goals
III. Poverty in Developing Asia
A. Poverty Reduction and Poor Countries in Asia
B. The Asian Financial Crisis
>> C. The Heavily Indebted Poor Countries
IV. ADB and ADF: Vision and Role
V. ADB’S Framework for Poverty Reduction
VI. Development through Partnership
VII. ADF Resources: Portfolio Management and Performance
VIII. The Strategy for Implementing ADF VIII
IX. Planned Lending in ADF VIII
X. Financing Framework for ADF VIII
XI. Issues for Policy Review
XII. Midterm Review of ADF VIII
ADF VIII Donor's Report: Fighting Poverty in Asia : III. Poverty in Developing Asia

C. The Heavily Indebted Poor Countries

13. Donors concluded that there may be minimal or no request for ADB to finance debt relief under the Heavily Indebted Poor Countries (HIPC) Initiative during the ADF VIII replenishment period (2001-2004). However, Donors recommended that ADB should report on any participation by ADF borrowers in the HIPC Initiative at the time of the ADF VIII midterm review, or at any other time as appropriate. Donors agreed to discuss how to finance any cost related to the HIPC Initiative when the situation warrants it, while maximizing the use of internal resources of ADB. In that context, however, Donors agreed that any financing should not undermine the financial integrity of ADB or compromise the capacity of ADF.



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B. The Asian Financial Crisis
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IV. ADB and ADF: Vision and Role

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