
ADB breaks new ground with surging private sector operations
ISLAMABAD: The Asian Development Bank (ADB) committed a record 58 private sector transactions in 2024—up 45% from the previous year, with $2.6 billion of financing, according to its 2024 Private Sector Operations Report on Development Effectiveness. The total volume of commitments, including programs, projects, and cofinancing reached an unprecedented $8 billion, underscoring ADB’s growing role […]