Asian Development Bank and Portugal: Fact Sheet

Abstract

Updated yearly, this ADB Fact Sheet provides information on Portugal's contributions to ADB in terms of capital subscription and funding, the country’s delegates to ADB, and the involvement of Portuguese companies and consultants in ADB projects. The Asian Development Bank (ADB) is dedicated to reducing poverty in Asia and the Pacific through pro-poor sustainable economic growth, social development, and good governance. Established in 1966, it is owned by 67 members—48 from the region—who have committed $191.47 billion in loans to the vision of a region free of poverty. Despite the region’s many successes, it remains home to two-thirds of the world’s poor: 1.7 billion people who live on less than $2 a day, with 828 million struggling on less than $1.25 a day. Portugal has contributed $184.05 million in capital subscription as of 31 December 2012. It has contributed and committed $114.80 million to special funds resources since joining in 2002.