Скачать или смотреть Important Institution - Asian Development Bank (ADB)

The Asian Development Bank (ADB), established in 1966 and headquartered in Manila, Philippines, is a key multilateral institution focused on fostering economic growth and reducing poverty across the Asia-Pacific region. Guided by a vision of a prosperous, inclusive, resilient, and sustainable Asia, ADB supports development through loans, grants, equity investments, and policy dialogue — particularly in sectors like education, healthcare, transport, and climate action, aligning its efforts with the UN’s Sustainable Development Goals. India is ADB’s largest development partner, accounting for 14% of its total financial commitments. The bank collaborates with governments, private sector players, and NGOs to enhance infrastructure and capital markets. Governed by a Board of Governors and Directors, ADB’s leadership traditionally includes a Japanese president, reflecting Japan’s status as its largest shareholder alongside the United States. Voting power is share-based, with Japan and the US holding the highest influence. Funding comes from global bond markets, member contributions, and loan repayments. Often working behind the scenes, ADB plays a crucial but quiet role in India’s infrastructure and economic development.

By @DikshantIAS #dikshantias #upsc #ias #pcs #exam #upsc2025 #important #Institution #asiandevelopmentbank #bank #funding #billion #india #urban #infrastructure #founded #multilateraldevelopmentbank #headquartered #manila #philippines #economics #growth #asiapacific #region #prosperous #sustainable #poverty #development #partner #financial #commitments #loans #grants #equity #technicalaid #education #health #transport #finance #climateaction #goals #ngo #privatefirm #strengthen #business #infrastructure #capital #markets #governors #board #members #director #president #japan #shareholder #worldbank #us #power #repayments #energy

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