Description

In the absence of a well-developed, efficient source of long-term local currency funding, the currency and maturity mismatch between funding and revenues that exacerbated the Asian Financial Crisis remains a major financial vulnerability in the region. The ASEAN+3 Asian Bond Markets Initiative (ABMI) has established six voluntary working groups to take concrete steps to develop the bond markets. The development of markets would aim to better utilize the savings of Asia for direct investment in t... Read More

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.

The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.

In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.

SEARCH/BROWSE PROJECTS