MANILA, May 9 (Bernama-Xinhua) -- The Asian Development Bank (ADB) announced it mobilised a record US$8.7 billion in non-sovereign cofinancing in 2024, underscoring the growing role of private sector engagement in advancing development across Asia and the Pacific.
The figure contributed to a total cofinancing amount of US$14.9 billion for the year, complementing the ADB's own investment of US$24.3 billion, the bank said in a media release.
