IM
The International Monetary Fund works with 191 member countries on monetary cooperation, financial stability and growth through economic surveillance, balance-of-payments lending, research and technical assistance.
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Asian Development Bank
Multilateral development bank founded in 1966, financing development projects in developing member countries across Asia and the Pacific through loans, grants and technical assistance.
The Asian Development Bank (ADB) is a multilateral development bank established in 1966. It finances projects in developing member countries across Asia and the Pacific, with the stated aim of supporting sustainable, inclusive, and resilient growth. Its headquarters are in Mandaluyong City, Metro Manila, Philippines.
ADB's work is organised around development finance, economic development, poverty reduction and technical assistance. It provides loans to developing member countries for projects intended to deliver economic and development impact, alongside grant financing. Additional instruments include Special Funds and Trust Funds, which supplement the bank's lending and development activities.
Beyond financing, the bank delivers advisory and technical support to its members and partners through Technical Assistance, addressing development challenges directly. ADB operates in the industry verticals of multilateral development banking, economic development, social development and poverty reduction, working across developing member countries in the region.
The institution describes itself as mission-driven, focused on reducing poverty and supporting social and economic development, and collaborative in its work with members and partners.
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