Catalog

Statutory Reports and Official Records

Pub. Date: 2008
New

The Asian Development Bank's Annual Report 2007 presents the year's activities, focusing on results and how ADB is improving lives in the Asia and Pacific region.

Financial highlights:

• $10.1 billion approved for 96 loans for 82 projects
• $79.8 million approved for 5 equity investments
• $376.0 million approved for 4 guarantees
• $425.0 million approved for 2 syndication operations
• $672.7 million approved for 39 grants
• $243.4 million approved for 242 technical assistance activities
• $4.0 billion approved for 7 multitranche financing facilities
• $6.8 billion disbursed during 2007, up from $5.7 billion in 2006

Major operational and institutional highlights:

• Lending was up by 37% compared with 2006.
• Most assistance went to the operational sector, with $3.9 billion or 39% of total loans going to transport and communications, more than double the amount in 2006.
• Pakistan was the largest borrower, with $2.0 billion.
• The largest project loan in ADB’s history was approved for the $1.1 billion Kunming–Hai Phong Transport Corridor–Noi Bai–Lao Cai Highway in Southeast Asia.
• Armenia received its first loans, for rural roads and water supply.
• Analysis and consultations showed that the nature of poverty is changing and that more attention should be given to ensuring that economic growth is inclusive.
• The new long-term strategic framework was reviewed; it will guide ADB’s operations in 2008–2020, with strong emphasis on achieving development impact with a wide range of partners within and outside the region.