ADB Commits $680 Million for Pacific Development in 2025
Philippines, April 23 -- In 2025, the Asian Development Bank (ADB) committed $679.8 million for its Pacific developing member countries (DMCs), including $214.4 million in grants from the Asian Development Fund (ADF), according to ADB's Annual Report 2025. The report, published today, summarizes the bank's operational, institutional, and financial highlights in 2025. The report notes ADB efforts to boost private sector participation in the Pacific through the newly launched Pacific Wayfinder program. Designed to support job creation and boost innovation while contributing to the development of capital markets, the program provides tools, including concessional finance and technical assistance, to help businesses access finance and scale up ...
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