MANILA, May 8 (Xinhua) -- The Asian Development Bank (ADB) said on Thursday it mobilized a record 8.7 billion U.S. dollars 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 14.9 billion dollars for the year, complementing the ADB's own investment of 24.3 billion dollars, the bank said in a media release.
