ADB's Focus on Social Development and Poverty
In the Spotlight
ADB Provides $200 Million Additional Funding for Ongoing Social Protection Development Project in Pakistan
ADB has approved a $200 million loan as additional financing to help support the Government of Pakistan’s flagship social protection program, the Benazir Income Support Program (BISP), which supports more than 5 million eligible families across the country through over $3.6 billion in total cash transfers disbursed so far.
Wendy Walker, Chief of ADB's Social Development Thematic Group, discusses how ADB is supporting its developing member countries through new lending and technical assistance, while also promoting collaboration among various stakeholders to address the profound demographic shift. Watch video
Despite considerable progress, half of the population in the region remains without social support. Woochong Um, Director General of ADB's Sustainable Development and Climate Change Department, discusses what needs to be done to secure the future of Asia and the Pacific region. Watch video
乐动体育注册Millions of Asia’s informal workers – such as vendors, day laborers, and others – are left out of national pension systems. Here’s what we can do to help them in their later years.
Despite the extraordinary gains made in living standards in Asia and the Pacific, hundreds of millions are still excluded from the benefits of rapid economic growth. Without access to basic social services, they are vulnerable to illness, unemployment, and the region’s increasingly devastating natural disasters. A social development agenda involves people and their communities, organizations, institutions, societies, and governments in all poverty relief activities. The aim is to reduce poverty, inequality, and vulnerability among the poor.