Italy ; Asian Development Bank Member Fact Sheet

In: http://hdl.handle.net/11540/7610

Open Access

Abstract

The Asian Development Bank (ADB) is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration. Established in 1966, it is owned by 67 members—48 from the region—who have committed $247.28 billion in loans to the vision of a region free of poverty. Despite the region's many successes, it remains home to the majority of the world's poor. Italy has contributed $2.58 billion in capital subscription as of 31 December 2016. It has contributed and committed $900.77 million to Special Funds since joining in 1966.