Budget Review Committee

Each November, the Budget Review Committee reviews the annual ADB Administrative Budget proposed by Management for the coming year.

The Committee reviews not only the budget but also the institutional business plan for which the budget is proposed, examining whether Board-approved policies and strategies are effectively and efficiently incorporated. Thus, the Committee's review process usually involves extensive discussions with heads of various departments and offices.

Based on its review, the Committee formulates its independent report making a recommendation to the Board on the budget proposal. Subsequently, the full Board of Directors meets to consider the budget for approval.

Starting in 2000, as an initiative to further strengthen the relationship between the Board of Directors and Management, the President suggested that the Budget Review Committee meet to review not just the annual budget but also, as needed, any major new programs and initiatives with substantive budget implications.

Accordingly, in 2000 the Committee also reviewed ADB's new policy on its Resident Missions and in 2001, it reviewed ADB's information systems and technology strategy.