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Annual Report 2002

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Operations

In pursuing its objectives, the Asian Development Bank (ADB) provides various forms of financial assistance to its developing member countries (DMCs). The main instruments are loans, technical assistance, grants, equity investments, and guarantees, which are met through funding sources such as ADB’s ordinary capital resources (OCR); its Special Funds—resources for funding operations that are solely under ADB’s administration; or trust funds—external monies that ADB administers on behalf of donors. ADB’s resources and operations in 2002 are summarized in this chapter. Also included in this chapter is a summary of the evaluations conducted in 2002 of ADB’s projects and programs. For more on the OCR and the Asian Development Fund (ADF), see the Management’s Discussion and Analysis chapter.

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