ANNUAL REPORT 1998
a 67percent increase over that in 1997, was significant given the difficultmarket conditions.The Board of Directors approved policies on anticorruption, coopera-tion with nongovernment organizations, indigenous peoples, gender anddevelopment, and graduation of developing member countries (DMCs) fromconcessional lending and from regular Bank assistance. It also reviewed theterms for lending from the Asian Development Fund (ADF).
Loans by Sector, 1998
$ Million %
Financial1,675.5028.01Transport andCommunications1,496.7025.02Multisector939.0015.70Social Infrastructure705.0411.78Energy440.007.35Agriculture andNatural Resources420.867.04Others301.005.03Industry andNonfuel Minerals4.420.07
Equity Investments74.2962.44(15.95)Technical AssistanceGrants
( ) Negative.a Includes regional activities.
Lending and Investment Modalities, 1997 and 1998
19971998Number ofNumber of Loans$ MillionLoans$ Million
LENDINGProject533,145.72332,530.30Program5510.008927.50Sector9689.003160.00Credit Lines6591.104122.60Technical Assistance12.60313.00Private Sector withoutGovernment Guarantee245.007136.12Sector DevelopmentProgram
aA lending window that combines a program loan; project, sector, or technical assistance loan; or credit line.
Children tend to lose in thecompetition for diminishing resources. Often they areneglected by busy parents trying to make both ends meet. TheBank looks after the welfare of this vulnerable group by supporting policy reforms to develop skills and create jobs for laid-off workers, and improvechildrens access to health,education, and other basic social services.