Read ADB news releases related to the Asian Development Fund.
A New ADB in a Rapidly Changing Asia-Pacific
ADB is set for a change in the way it serves its developing member countries in a rapidly evolving and dynamic Asia-Pacific region, ADB President Haruhiko Kuroda said at the official opening of the organization's 41st Annual Meeting in Madrid today.
ADB Secures Over $11 Billion to Help Asia's Poorest
ADB has secured US$11.3 billion for the next four-year phase of its concessional development fund to fight poverty in the Asia and Pacific region - a significant jump of over 60% from the previous period.
Loans Increase to Record $10.1B in 2007, ADB Annual Report Says
The Asian Development Bank approved $10.1 billion in loans in 2007, a 37% increase over the previous year, in response to demands for development assistance, according to ADB's 2007 Annual Report.
1.5 Billion in Asia Need Assistance to Escape Poverty
Asian Development Bank representatives are highlighting the continuing prevalence of poverty in the region during discussions over the replenishment of the Asian Development Fund, an endowment used to provide grants and low-interest loans to some of Asia and the Pacific's poorest nations.
ADB Provides Cambodia with $71 Million for Education, Jobs, Roads and Market Reform
The Asian Development Bank has signed off on a $71.8 million grant and loan package for Cambodia that will improve secondary education, support farmers living around the Tonle Sap Lake, foster financial system reform, and rehabilitate major roads throughout the country.
Cambodia's 'Bamboo Railway' Goes Modern
The Asian Development Bank (ADB) and the Royal Government of Cambodia launched a project that will restore rail traffic between Thailand and Cambodia by 2010.
ADB Revises Lending Rates for US Dollar and Japanese Yen OCR Loans and Hard-Term ADF Loans
ADB has revised its lending rates for U.S. dollar and Japanese yen loans from the ordinary capital resources and has announced the lending rates for hard-term loans from the Asian Development Funds.
ADB and Timor-Leste, Helping Dili Get Better Access to Safe, Reliable Water
The Asian Development Bank will help the Government of Timor-Leste improve water supplies in the capital, Dili.
ADB Approves Largest-Ever Project Loan for Billion-Dollar Highway Linking Ha Noi, Kunming
The Asian Development Bank is providing loans totaling US$1.1 billion to Viet Nam for the construction of a modern 244 kilometer highway stretching from suburban Ha Noi to Lao Cai, on Viet Nam's border with the People's Republic of China. It is the biggest single project financing in ADB's history.
ADB Looks to Boost Funding for Poverty Alleviation Efforts
Asian Development Bank officials and government representatives from the international donor community and selected recipient countries are convening in Lao PDR to discuss replenishment of the Asian Development Fund, an endowment used to provide grants and low-interest loans to countries with low per capita incomes and limited debt-repayment capacity.