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The Afghanistan Infrastructure Trust Fund is managed by the ADB and is helping to build and run infrastructure to promote security and drive development. The governments of the United Kingdom, the United States and Japan are providing an additional $286 million to the fund.
On 11 February ADB President Takehiko Nakao visited the devastated city of Tacloban in Leyte Province three months after Typhoon Haiyan destroyed much of the region's infrastructure, housing and schools.
Professor Barry Rider from Cambridge University in the UK discusses the challenges facing developing Asia in tackling graft and financial crime. He began by stressing the importance of good governance and robust institutions in reducing corruption.
ADB is helping to improve Myanmar's supply of electricity to businesses and domestic consumers. Its first project loan to the country will rehabilitate parts of the country's aging distribution system, promoting better access to electricity for nearly half a million people in Yangon and other major cities.
Charlotte Benson, a Disaster Risk Management Specialist with ADB, discusses how countries like Philippines can best prepare for severe disasters like Super Typhoon Haiyan that devastated the country last Friday.
ADB's Chief Economist Changyong Rhee discusses the latest macroeconomic outlook for developing Asia and looks at the kind of structural change needed in the region to promote further growth.
News Release: Developing Asia Slowing Amid Global Financial Jitters
News Release: Asia Must Step Up Governance Reforms to Sustain Growth and Development
Report: Asian Development Outlook 2013 Update: Governance and Public Service Delivery
Thiam Hee Ng, Senior Economist with ADB's Office of Regional Economic Integration, warns the global financial market turmoil that has led to volatile capital outflows will make infrastructure financing costlier and more difficult. He says the region should encourage more stable sources of funding such as pension funds to promote much needed financing.