ADB has pledged US$29.0 billion in COVID-19 assistance, the vast majority of which is public sector support. While the NGO Forum on ADB and its members are pleased to see a proactive approach from ADB in supporting member countries' roadmaps to recovery, concerns have been raised over accountability, transparency, and efficacy of the COVID-19 Active Response and Expenditure Support Program. The Forum will share key findings of its studies in Bangladesh, India, and the Philippines to understand the function and impact of these loans on public expenditures and debt. Discussions will account for climate change impacts, particularly in climate-vulnerable states.
Comments