Asian development bank and its functioning

this ppt contains information regarding Asian Development bank and its functioning all over asia and the objectives for which its was made

1. Prepared By- Sajal khandelwal

2. Introduction Founded in1966 Headquarters in Manila, Philippines President - Takehiko Nakao Primary mission is to foster growth and cooperation among countries in the Asia Pacific Region Non-government organization providing funding and technical assistance

3. Stated Goals Promoting economic growth Reducing poverty Developing human resource Improving the status of women Protecting the environment

4. Functions Provides loans and equity investment to its developing member countries Provides technical assistance for the planning and execution of development projects and programs an for advisory service Promotes and facilitates investment of public and private capital for development Assist in coordinating developing policies and plans of its DMCs

5. Areas Of Work The bank’s operations cover a wide spectrum of activities and have been classified according to the following sectors: Agriculture and natural resources Transport and communications Energy Industry and non-fuel minerals Finance Social infrastructure

6. Where does ADB get its funding? ADB raises funds through bond issues on the world's capital markets . It also rely on our members' contributions, retained earnings from our lending operations, and the repayment of loans.

7. Organizational Structure The ADB has 67 members countries, 48 form within the Asia-pacific region of which 19 are borrowing countries, referred to as developing member countries Each member country is represented on the of governors The less influential counties are grouped into constituencies and the constituency is represented by an Executive Director(ED) and an Alternate Executive Director

8. Cont… The boards of governors elects a 12-person board of Executive Directors, who are nominated by their respective governments. Representation on this board is determined by the level of financial contribution to the ADB Within the constituency countries that make the largest contributions hold the ED and AED positions. Between them the 4 Water Aid working countries hold around 9% of voting rights

9. Economic Management ADB has focused on good governance and macroeconomic stability The triggers for reform in most PDMCs has been intrinsically related to fiscal crises, unmanageable debs.

10. Challenges Safe water is still is not available to 60% of the people in the member countries Improved sanitation facilities have still not reached 70% of the people Out of every 100 children, 40 die before they reach the age of 15. Infant mortality rate is very high Half of the undernourished population of the world lives in Asia Rising inflation has adversely impacted growth rates in Asia

11. Areas Of Emphasis Supporting legislative reform of the role of parliament and the public sector Strengthening good governance institutions Introducing fiscal discipline and output focused budgeting Downsizing the civil service an dstrengthening its professionalism Promoting more open and growth-oriented economic policies Encouraging privatization and a large role for the private sector