ADB allots $339.4M for grants, assistance
The Asian Development Bank (ADB) will set aside $339.4 million for grants and technical assistance to low-income and developing member countries as approved during the just-concluded annual meeting of its board of governors.
In a statement, the Manila-based lender said the board had approved $690.1 million in net allocable income out of its 2017 Ordinary Capital Resources (OCR).