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Annual Report on the Japan Special Fund for 1998

The Japan Special Fund (JSF), made available on an untied grant basis by the Government of Japan, was established on 10 March 1988. Its main objective is to provide support for financing the technical assistance (TA) program of the Asian Development Bank. It aims to help the Bank’s developing members restructure their economies in light of the changing global environment, broaden the scope of opportunities for new investment, and prepare loan projects, thereby facilitating the recycling of funds to members. To this end, the Government of Japan has appointed the Bank as the Administrator of the JSF.

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Contents

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Abbreviations

A. Background

B. Overview of Operations in 1998

C. Resources

D. Operational Highlights

E. Balance of Contributions Available for New Commitments

F. Financial Statements

Appendixes