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ADB & it’s Strategy in Bangladesh: 2006-2010

ADB & it’s Strategy in Bangladesh: 2006-2010. Md Shamsuddoha Equity and Justice Working Group. EQUITY BD. Development Bank?. The most powerful inter-governmental institution that influence the world development.

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ADB & it’s Strategy in Bangladesh: 2006-2010

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  1. ADB & it’s Strategy in Bangladesh: 2006-2010 Md Shamsuddoha Equity and Justice Working Group EQUITYBD

  2. Development Bank? • The most powerful inter-governmental institution that influence the world development. • With initial capital from member states contributions and co-financing from bilateral sources and private commercial banks, MDBs play a dominant role in shaping the directions of public spending and burrowing. • This money now use even for modifying domestic policies and priorities - African Development Bank - Asian development Bank EQUITYBD

  3. Cont… • ADB says it’s dedicated to reducing poverty in the Asia and Pacific region through pro-poor sustainable economic growth, social development, and good governance. • ‘Overarching goal’ is poverty reduction • Provides loans, investments, guarantees and technical assistance to Developing Member Countries (DMCs) EQUITYBD

  4. Japan 15.9% US 15.9% China 6.6% India 6.5% Australia 5.9% Indonesia 5.5% Canada 5.3% South Korea 5.1% Germany 4.4% Malaysia 2.8% Top 10 donors/shareholders at ADB EQUITYBD

  5. Indonesia 19% ($18.3B) Pakistan 12% ($11.4B) China 12% ($11.3B) India 11% ($10.4B) Philippines 8.5% ($ 8 B) Bangladesh 7% ($6.5B) Korea 6.7% ($6 B) Thailand 6% ($5.3B) Sri Lanka 3% ($2.7B) Vietnam 2% ($2.3B) Top 10 Borrowers (end-2001) EQUITYBD

  6. ADB’s country lending-2004 EQUITYBD

  7. sectors ADB's operations are diverse, covering • agriculture and natural resources • education • energy • finance • health, nutrition, and social protection • industry and trade • law, economic management, and public policy • transport and communications • water supply, sanitation, and waste management • activities involving multiple sectors EQUITYBD

  8. ADB Sector lending EQUITYBD

  9. Lending mechanisms • The financial resources of the Bank consist the following: • ordinary capital resources (OCR) for “hard” loans, (7%-7.5% Interest) and • special Funds made up of contributions by member countries for “soft” or concessional lending and technical assistance activities of the Bank. EQUITYBD

  10. Lending • Country Assistance • Loans and technical assistance (Earlier CAS now they produce CSP) • Programmes ( GMS and SASEC etc.) • Guarantees EQUITYBD

  11. Policy Internal review Board Approval Working Paper Draft paper Review paper( (R -Paper) Multi-stakeholder Consultation ADB Policy Cycle EQUITYBD

  12. CSP: Achieving MDGs by supporting NPRS Implementation NPRS Strategies • Enhance pro-poor growth • Boosting Employment • Diversifying effective safety nets • Ensuring social development • Environmental sustainability • Good governance • Promoting inclusive service delivery EQUITYBD

  13. Cont… CSP: Achieving MDGs by supporting NPRS Medium term economic growth must accelerate to 7-8% per annum; HOW ? • Increased private investment in all sector • Agricultural diversification and increased agribusiness activity • Increased efficiency in industrial & service sector • Enhanced access to irrigation , finance and new technologies • Rural electrification, market infrastructure dev. EQUITYBD

  14. Cont… CSP: Supporting NPRS ADB will no longer provide support on……. • Biodiversity and forest • Land administration reform • Crop diversification • Livestock development • Rural livelihood development • Clean fuel development • Early childhood development EQUITYBD

  15. Cont… CSP: Supporting NPRS CSP aims to assist Bangladesh in …. • Improving the investment climate for private sector-led growth and employment. • Agricultural diversification and increased agribusiness activity • Advancing social development agenda ….will help government in sectors where reforms are difficult e.g. Power, Ports and Railways EQUITYBD

  16. Other on going issues:Local and Regional Perspective • Water sector • Integrated water resources Management • Privatization policy push • Energy Policy • Coal support • Climate fund , Energy efficiency fund • Renewable Energy fund • Carbon fund EQUITYBD

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