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Report

 

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Author
ADB - Asian Development Bank
Title
Fighting HIV/AIDS in Asia and the Pacific (ADB Technical Assistance Report)
Imprint
ADB, May 2006, 18 pp
Description

Project no 40104. Financed by the Cooperation Fund for Fighting HIV/AIDS in Asia and the Pacific.

Reproduced with permission from the Asian Development Bank from the ADB website, www.adb.org.

Abstract

"In 2004, the Asian Development Bank (ADB) assessed the costs and anticipated impact of HIV/AIDS on Asia’s economic growth and development, with emphasis on the potential effects on vulnerable groups.1 The assessment concluded that spending on HIV prevention and AIDS care was justified by the high economic returns that reasonably could be expected from such spending. During the eighth replenishment of the Asian Development Fund (ADF IX), ADB and its member states, recognizing that more needed to be done to address the challenges that HIV/AIDS poses to Asia and the Pacific, agreed to earmark 2% of ADF resources (approximately $140 million) for grant assistance targeting HIV/AIDS and other infectious diseases in all ADF-eligible developing member countries (DMC)."

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