Asian Development Bank: Finance
(asked on 3rd February 2025) - View Source
Question to the Foreign, Commonwealth & Development Office:
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, whether his Department has plans to increase funding to the Asian Development Bank.
This question was answered on 14th February 2025
The UK has committed £120 million to the Asian Development Bank's Asian Development Fund thirteenth replenishment (ADF-14) over the four years 2025 to 2028. We have no plans to increase this commitment or to provide additional core funding to the Bank over this period. We are working through a Multi-Period Spending Review where all trade-offs in spend will be considered and subject to final Foreign Secretary approval.