Phoxay Phommachanh

Asian Development Bank (ADB)

ADB's vision is to achieve a prosperous, inclusive, resilient, and sustainable Asia and Pacific, while sustaining its efforts to eradicate extreme poverty. Despite the region's many successes, 1 in 3 people still live under $3.20 a day - that's 1.24 billion people. ADB will continue to prioritize the region's poorest and most vulnerable countries. Established in 1966, ADB is owned by 68 members, including 48 from the region. Its main instruments for helping its developing member countries are policy dialogue, loans, equity investments, guarantees, grants, and technical assistance.