What are Project Readiness Financing, Small Expenditure Financing Facility and Technical Assistance?
Channel: Asian Development Bank
Date: 2021-11-13

ADB offers its developing member countries different types of financing modalities to support governments in boosting economic growth and solving development challenges. Responding to the evolving needs of countries and the Asia and Pacific region as a whole, ADB's range of public sector loans and grants differ in purpose, focus, financing and disbursements, and implementation arrangements.

This video presents three modalities for the public sector that help developing member countries better design and implement development projects.

Project readiness financing supports activities that are expected to generate at least one ADB-funded project.

The small expenditure financing facility responds to small, low-risk financing needs linked to ADB-financed projects.

Technical assistance helps countries improve their capacities and make better use of their development resources.