The impact of the proposed Program will be enhanced economic growth through a more efficient and balanced financial system. The Program s outcome will be increased resource mobilization through the capital market for productive investment and employment generation by providing efficient savings vehicles for retail and institutional investors and diversify funding sources for enterprises. This diversification of funding sources will also make the corporate and financial sector more resilient to shocks.
The Program will: (i) support the development of institutional investors to facilitate long-term capital formation and increase the demand for securities, (ii) improve the efficiency of securities markets to increase the supply of corporate securities and optimize the allocation of financial resources into productive investment, and (iii) strengthen the governance of capital markets to improve market transparency and protect investors.
Latest Project Documents
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.