Strategic Management of Policy-Based Lending, 2022–2024
Institutional Document | April 2022
This paper proposes measures to enhance policy-based lending (PBL) quality and impact, strengthen Board of Directors oversight of PBL operations and improve the contribution of PBL to ADB’s Corporate Results Framework (CRF).
Asian Development Bank’s (ADB’s) policy-based lending (PBL) plays a critical role in achieving lasting development impact in developing member countries (DMCs).
To support DMCs achieve a green, resilient and inclusive recovery while ensuring ADB remains within a sustainable long-run financial trajectory, this paper proposes to replace ADB’s regular PBL ceiling of 20.0% of sovereign operations on a 3-year rolling average basis, with a forward-looking ceiling of 18ドル billion in PBL commitments between 2022 to 2024.
Contents
- Executive Summary
- Introduction
- Economic and Social Impact of the COVID-19 Pandemic on Asia and the Pacific
- ADB's Policy-Based Lending Types and Ceilings
- Policy-Based Lending Operations, 2019–2021
- Projected Demand for Policy-Based Lending, 2022–2024
- Enhancing the Role of Policy-Based Lending for Crisis Response
- Strategic Management of Policy-Based Lending, 2022‒2024
- Increasing Contribution of Policy-Based Lending to Strategy 2030 Objectives
- Strengthening Policy-Based Lending Design Quality
- Recommendation
Additional Details
Subjects
- ADB administration and governance
- Learning materials Guidelines, toolkits, and other "how-to" development resources
- Books Substantial publications assigned ISBNs
- Papers and Briefs ADB-researched working papers
- Conference Proceedings Papers or presentations at ADB and development events
- Policies, Strategies, and Plans Rules and strategies for ADB operations
- Board Documents Documents produced by, or submitted to, the ADB Board of Directors
- Financing Documents Describes funds and financing arrangements
- Reports Highlights of ADB's sector or thematic work
- Serials Magazines and journals exploring development issues
- Brochures and Flyers Brief topical policy issues, Country Fact sheets and statistics
- Statutory Reports and Official Records ADB records and annual reports
- Country Planning Documents Describes country operations or strategies in ADB members
- Contracts and Agreements Memoranda between ADB and other organizations
