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ADB Operations Mostly Successful, on Budget in 2014 – Performance Report (ADB – Asian Development Bank)

(Source: ADB – Asian Development Bank) BAKU, AZERBAIJAN – The Asian Development Bank (ADB) saw a rise in success rates and outcomes achieved in its operations in 2014, with most completed on budget, said an ADB performance review released today. "Even with stricter reporting criteria in 2014, we saw improvements in many areas, with notable achievements in operational outcomes, budgetary targets, cofinancing, public-private partnerships, and increased disbursement of funds," said Indu Bhushan, Director General of ADB’s Strategy and Policy Department. "Many challenges remain, but the action plan drawn up after the midterm review of our development blueprint, Strategy…


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