Achieving Development Effectiveness Together ADB's Reform Agenda
In 2004, the Asian Development Bank launched a reform agenda to remain relevant in a dynamic Asia and Pacific region.
The reform agenda laid out broad-ranging initiatives to drive fundamental changes within ADB.
ADB has made good progress in the implementation of the reform agenda.
- ADB became more results oriented through the implementation of the managing for development results agenda.
- ADB operations became more sharply selective and focused on priority sectors.
- To respond better to developing member countries' needs, ADB designed more flexible financing instruments and modes and introduced new cost sharing ceilings and expenditure items.
- It simplified and modernized its processes for procurement of goods and services.
- ADB is embracing a more systematic learning culture.
- Partnerships became a key principle in its operations.
- Information disclosure and communication with stakeholders increased.
- ADB is showing demonstrable improvements in the way it manages its staff.
ADB consolidated the reforms in 2008 under Strategy 2020. This strategy reaffirms ADB's mission to help developing member countries reduce poverty through:
ADB monitors the progress of reforms through the annual reports on development effectiveness.
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