The Asian Development Bank’s (ADB) new lending and grant operations in 2018 grew to a record $21.6 billion, an increase of nearly 10% from the $19.7 billion in the previous year, ADB President, Takehiko Nakao told the opening session of the Board of Governors at the 52nd ADB Annual Meeting in Fiji on Friday.
Compared to $13.9 billion in 2013 this is an increase of 55%....