Asian Development Fund Replenishments | Asian Development Bank

Asian Development Fund Replenishments

ADF resources were first mobilized to conduct ADB's concessional lending operations in 1973–1975. Initial contributions to ADF were designated as ADF I. Since then, donors met periodically to plan ADF replenishments. Starting with ADF VIII, a midterm review meeting is also held during each replenishment period to monitor progress and keep donors fully informed about all aspects of ADF operations. In addition, starting with ADF X, an annual consultation with donors is also conducted to monitor progress of the fund's utilization and implementation during the replenishment period.

ADF resources have been replenished eleven times, the latest being ADF 12 for the period 2017–2020.

ADF Reports