Open main menu
Home
Random
Recent changes
Special pages
Community portal
Preferences
About Wikipedia
Disclaimers
Incubator escapee wiki
Search
User menu
Talk
Dark mode
Contributions
Create account
Log in
Editing
Asian Development Bank
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
===2010s=== Asia moved beyond the economic crisis and by 2010 had emerged as a new engine of global economic growth though it remained home to two-thirds of the world's poor. In addition, the increasing prosperity of many people in the region created a widening [[income gap]] that left many people behind. ADB responded to this with loans and grants that encouraged economic growth.<ref name="admin" /> In early 2012, the ADB began to re-engage with [[Myanmar]] in response to reforms initiated by the government. In April 2014, ADB opened an office in [[Myanmar]] and resumed making loans and grants to the country.<ref name="admin" /> In 2017, ADB combined the lending operations of its Asian Development Fund (ADF) with its ordinary capital resources (OCR). The result was to expand the OCR balance sheet to permit increasing annual lending and grants to $20 billion by 2020 β 50% more than the previous level.<ref name="admin" /> In 2020, ADB gave a $2 million grant from the Asia Pacific Disaster Response Fund, to support the Armenian government in the fight against the spread of [[COVID-19 pandemic]]. In the same year, the ADB committed a $20 million loan to Electric Networks of Armenia, that will ensure electricity for the citizens during the pandemic, as well as approved $500,000 in regional technical assistance to procure personal protective equipment and other medical supplies.<ref name="ASIAN DEVELOPMENT BANK MEMBER FACT SHEET">{{cite web |title=Asian Development Bank |url=https://www.adb.org/sites/default/files/publication/27749/arm-2020.pdf |archive-url=https://ghostarchive.org/archive/20221009/https://www.adb.org/sites/default/files/publication/27749/arm-2020.pdf |archive-date=2022-10-09 |url-status=live |publisher=Asian Development Bank}}</ref>
Edit summary
(Briefly describe your changes)
By publishing changes, you agree to the
Terms of Use
, and you irrevocably agree to release your contribution under the
CC BY-SA 4.0 License
and the
GFDL
. You agree that a hyperlink or URL is sufficient attribution under the Creative Commons license.
Cancel
Editing help
(opens in new window)