Supporting Finance Sector and Private Sector Development in the Pacific (ADB-50396-001)

Regions
  • East Asia and Pacific
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jul 12, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Sectors
  • Finance
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 1.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 1.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 25, 2017

Disclosed by Bank Jul 14, 2017


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Project Description
This technical assistance (TA) will focus on (i) identifying critical structural constraints to finance sector development and thus private sector growth in Pacific DMCs; (ii) supporting development and processing of new projects that promote financial inclusion, investments, and private sector development; and (iii) facilitating effective engagement by ADB in these sectors. Under ADB’s Pacific Approach, Pacific region operations will enable value creation by supporting private sector growth and investment through legislative and financial reforms, private sector operations, and the promotion of financial inclusion. The TA is included in the regional operations business plan, 2017–2019 for the Pacific and projects developed under this TA will be aligned with national development plans of the Pacific DMCs as well as existing work in this area.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
ACCOUNTABILITY MECHANISM OF ADB The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main