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ADB, Japan to Help Cut Flood Risks in Chao Phraya River Basin

ADB and Japan are to help communities in the flood-prone Chao Phraya River Basin draw up grassroots flood risk management plans to reduce their vulnerability to natural disasters.

Statement by Asian Development Bank President Takehiko Nakao

Given Asia's huge infrastructure funding needs, establishing the Asian Infrastructure Investment Bank to provide additional resources for infrastructure investments is understandable.

Media Advisory - ADB's Capital Base

ADB's capital as of 31 December 2013 was $175.4 billion, consisting of $162.8 billion of subscribed capital and $12.6 billion of reserves.

ADB Named Top Development Bank, Climbs Rankings to 5th Place in Aid Transparency Index

ADB has been named as the top rated development bank in the 2014 Aid Transparency Index (ATI), an independent measurement of transparency ranking 68 of the world’s leading donor organizations published today. ADB ranks fifth overall and is one of only seven organizations in the top category of “very good” in the 2014 ATI, compiled each year by British nongovernment organization Publish What You Fund.

ADB Urges Asia to Take Advantage of Global Value Chain Opportunities

Asian economies—having reaped substantial gains from global value chains in the past 25 years—can extend these gains if governments and business work together to reduce tariffs and non-tariff trade barriers, and improve logistics and transport infrastructure, says a new ADB report.

Developing Asia Fastest Growing Region as Key Economies Advance Reforms

Developing Asia remains the fastest growing region globally despite slower-than-expected growth in major industrial countries as key economies in the region move ahead with structural reforms, says a new ADB report.

Fast Track Reform to Boost Indian Growth, Says ADB

Spurred in part by a new government with a strong mandate and a wide-ranging reform agenda, the Indian economy is set to benefit from a revival of investment and improved growth in advanced economies, says a new ADB report.

Structural Reforms More Important Than Growth Targets in PRC, Says ADB

teady consumption and rising external demand will support economic growth in the People’s Republic of China this year, especially if the government continues an accommodative macroeconomic policy package, the ADB said in a new report released today.

ADB President Reaffirms Support for Pakistan’s Development and Flood Reconstruction

ADB President Takehiko Nakao today met with Pakistan Prime Minister Mian Muhammad Nawaz Sharif to discuss ADB’s partnership with Pakistan and the country’s development opportunities.

Asia Uniquely Positioned to Lead Global Knowledge Economy - ADB

Asian countries have a unique opportunity to transform themselves and leapfrog older technologies to lead the global knowledge-based economy of the future, says a new report from ADB.