Program Lending Policy: Clarification

Date: April 2009
ADB administration and governance; ADB funds and products


This paper clarifies the program lending policy of the Asian Development Bank (ADB) with respect to a number of specific issues raised by the ADB Board of Directors. The term lending" includes provision of program grants financed from the Asian Development Fund. "


  • Executive Summary
  • Introduction
  • Issues for Clarification
  • Appendixes