$5.9 million for 18 TA projects
The Financial Sector Development Partnership Fund (FSDPF) was established in July 2006 with contributions from the Government of Luxembourg to promote financial sector development. The fund provides investment grants and technical assistance to strengthen regional, subregional, and national financial systems in Asia and the Pacific. In January 2013, ADB, using its funds and the remaining funds in the FSDPF, set up another fund, a special fund, the Financial Sector Development Partnership Special Fund (FSDPSF) to meet the growing demand for financing support. The Government of Luxembourg continues to provide annual contributions to the FSDPSF. The scope and objectives of both the FSDPF and FSDPSF are broadly the same.
Since its establishment in 2006, the FSDPF has financed 18 projects amounting to $5.9 million. Only one project remains open under the FSDPF, the regional technical assistance on Capacity Development for the Supply Chain Finance Program, which is expected to be completed by December 2025. The special fund, FSDPSF, as of 2024, has approved funding for 104 technical assistance projects amounting to $33.2 million, delivering knowledge and capacity building, advisory services, and project preparation activities.
This publication provides an overview of fund operations from 2013 to 2023, highlights of the fund’s operations in 2023, and status updates of the funds.
