ADB works with 6 developing member countries to help build resilience against economic shocks, deliver sustainable services, and promote inclusive and sustainable growth.
The Government of Nepal, ADB, and the World Bank convened a Joint Tripartite Portfolio Review Meeting to assess the progress of projects supported by ADB and the World Bank and address key issues to improve portfolio performance.
This brief shows how Bangladesh can improve development planning and boost resilience by comprehensively analyzing climate and disaster risk to better calculate possible economic losses and implement effective adaptation measures.
To date, ADB has committed 494 public sector loans, grants, and technical assistance totaling $7.7 billion to Nepal.
Sri Lanka is a founding member of ADB. To date, ADB has committed 482 public sector loans, grants, and technical assistance totaling $11.2 billion to Sri Lanka.
"COVID-19 has heavily affected our South Asia developing member countries (DMCs) in their developmental pathways to accelerate inclusive and sustainable economic transformation. Today all DMCs are at different stages of economic recovery facing and addressing the country-specific crises and challenges. In this process, all countries are aiming at taking bold reforms to turn the crisis into opportunities and build stronger foundations for faster transformation.
We will intensify our support to help strengthen South Asia DMCs’ policies, institutions, and systems, and build robust human and physical capital, competitive industries that can generate massive employments, and clean livable cities, while addressing the critical climate change challenges in energy transition and adaptation, and helping mobilize domestic resources to finance these endeavors."
Kenichi Yokoyama
Director General, South Asia Regional Department
The South Asia Subregional Economic Cooperation (SASEC) program brings together Bangladesh, Bhutan, India, Maldives, Myanmar, Nepal, and Sri Lanka in a project-based partnership that aims to promote regional prosperity, improve economic opportunities, and build a better quality of life for the people of the subregion.
6 ADB Avenue, Mandaluyong City 1550, Metro Manila, Philippines
Plot E-31, Sher-e-Bangla Nagar, Dhaka 1207, Bangladesh GPO Box No. 2100
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