Private Sector Development and Finance
Expanding private sector activities is vital for ADB's fight
against poverty in Asia and the Pacific Region. ADB supports private
sector development by:
- encouraging
reforms and policy environments that establish the right conditions
for businesses to flourish
- promoting
public-private partnerships
- providing
financial assistance to private
enterprises and financial institutions.
The key premises for ADB's work towards strengthening the
private sector in its developing member countries are:
- Private sector development is crucial to economic growth
- Sustainable economic growth creates jobs and can reduce poverty
- Expanding the private sector increases the tax base for the
delivery of social services
Read the overview of ADB's work in Private Sector Development .
For detailed information on how ADB supports the private sector, please visit the Private Sector Operations Department.
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