Annual Report on the 2014 Country Performance Assessment Exercise
ADB gauges the relative performance of eligible borrowers with access to the Asian Development Fund by conducting annual country performance assessments. This annual report provides information on the results of the 2014 assessments.
ADB links the allocation of Asian Development Fund (ADF) resources to country performance. This system is based on the principle that aid is most effective in accelerating economic growth and poverty reduction in countries where policy and institutional performance is strong. Under the performance-based allocation policy, ADB gauges the relative performance of eligible borrowers with access to the ADF by conducting annual country performance assessments (CPA), and uses the CPA results to derive ADF allocations.
This annual report provides information on the conduct and results of the 2014 assessments. It also summarizes efforts to harmonize ADB’s allocation system with similar approaches to the performance-based allocation of concessional resources at other multilateral development banks.
- The Performance-based Allocation System
- 2014 Country Performance Assessment