Regional Cooperation and Poverty Reduction Fund

People's Republic of China Regional Cooperation and Poverty Reduction Fund - PRC Fund
Updated: 26 March 2008

The People's Republic of China (PRC) Regional Cooperation and Poverty Reduction Fund was established in 25 March 2005 to promote regional cooperation as a core component of the agenda to reduce poverty among the developing member countries of ADB.

The PRC Fund is intended to help advance ADB's regional cooperation initiatives to

• accelerate economic growth
• spur private sector development
• promote peace and order
• provide regional public goods that address joint constraints and opportunities, e.g. communicable diseases and environmental degradation

PRC is committed to provide the amount of $20 million for the PRC Fund for 2005-2009.

Read the Board Paper on the PRC Fund for more information.