ADB'S Reform Agenda: Achieving Development Effectiveness Together
Updated: 24 June 2008
In 2004, the Asian Development Bank (ADB) launched a reform agenda to remain relevant in a dynamic Asia and Pacific region.
The reform agenda laid out broad-ranging initiatives to drive fundamental changes within ADB.
While much still remains to be done, ADB has made good progress in the implementation of the reform agenda.
- ADB has become more results oriented through the implementation of the managing for development results (MfDR) agenda.
- ADB operations have become more sharply selective and focused on priority sectors.
- To respond better to developing member countries' needs, ADB has designed more flexible financing instruments and modes and introduced new cost sharing ceilings and expenditure items.
- It has simplified and modernized its processes for procurement of goods and services.
- ADB is embracing a more systematic learning culture.
- Partnerships have become a key principle in its operations.
- Information disclosure and communication with stakeholders have increased.
- ADB is showing demonstrable improvements in the way it manages its staff.
ADB has moved forward on the reform agenda. ADB has committed to consolidating its progress on reform to achieve the envisage changes. ADB will measure the overall impact of reforms on its effectiveness annually through an ADB-wide results framework. Progress on consolidating reforms will be assessed and reported through the annual Development Effectiveness Review.
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