| Date: | August 2005 |
| Type: | Policies, Strategies, and Plans |
| Subject: | ADB administration and governance; ADB funds and products |
The purpose of this paper is to introduce, on a pilot basis, several new financial instruments and modalities. The proposals aim to strengthen ADB’s capacity to mobilize development finance and knowledge for its developing member countries (DMC) by reinforcing the flexibility and client orientation of its financial products. The proposals are also designed to make ADB more compatible with existing and evolving market practices, and to help ADB work better with its development partners and the private sector.