Singapore
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Singapore
Singapore is the 22nd largest shareholder in ADB among its regional members. Overall, Singapore is the 30th largest shareholder.
Singapore has contributed to the Asian Development Fund (ADF), which is ADB's window for concessional lending to its borrowing members, and to the Technical Assistance Special Fund (TASF), which provides grants to borrowing members to help prepare projects and undertake technical or policy studies.
 Asian Development Outlook 2010: Singapore [ PDF ]Global headwinds buffeted this export-oriented economy in 2009. The slump in trade and dwindling capital flows knocked down private consumption and investment. Fiscal and monetary stimulus policies went some way to temper the contraction in GDP. Growth is forecast to rebound strongly this year, as the impact of the pickup in global trade and finance spreads through the economy.
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