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Ordinary Capital Resources
Ordinary Capital Resources (OCR) are a pool of funds available for ADB's lending operations, offered at near-market terms to lower and middle income countries. OCR account for the bulk of ADB lending operations. Since the first OCR loan to Thailand for $5 million in 1968, ADB's OCR annual sovereign lending operations have grown to $6.9 billion in 2008. Nonsovereign private approvals also continued to rise, reaching $1.9 billion in 2008. Over the years, ADB, through its OCR, has
Today, OCR-borrowing countries - including three of the world's four largest and most populous states - are steering their development process in a globalized economy. Development Challenges in OCR Countries OCR borrowing countries are home to about 64% of the world's poorest people - those living on the new international poverty line of less than $1.25 a day. Today the OCR countries are facing a set of unprecedented global and development challenges. They include heightened demands on energy, competition over natural resources and raw materials, and environmental degradation. In addition, the current economic crisis is expected to negatively affect the trend of poverty, hitting hardest those who are most vulnerable. In the face of these, collective regional and global efforts are imperative. Despite such continuing poverty and social challenges, OCR countries have a large growth potential, and have great physical, financial, and human resources potential for social and anti-poverty programs.
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