The correct answer is Manila.
The Asian Development Bank (ADB) is a multilateral development bank that promotes economic development in Asia. It is headquartered in Mandaluyong City, Metro Manila, Philippines. The ADB was founded in 1966 and has 68 members, including 48 from Asia and 20 from other parts of the world. The ADB’s mission is to “fight poverty and improve the lives of people in Asia and the Pacific.” It does this by providing loans, grants, and technical assistance to developing countries in the region. The ADB is one of the largest sources of development finance in Asia. In 2019, it approved $21.6 billion in loans and grants. The ADB’s work focuses on four key areas:
- Infrastructure: The ADB helps countries build roads, bridges, power plants, and other infrastructure that is essential for economic growth.
- Finance: The ADB provides loans and grants to governments and private businesses to help them finance development projects.
- Knowledge: The ADB shares knowledge and expertise with governments and businesses to help them improve their development policies and practices.
- Regional cooperation: The ADB promotes regional cooperation among countries in Asia to help them achieve common development goals.
The ADB is a valuable partner for developing countries in Asia. It provides them with financial resources, technical assistance, and knowledge to help them achieve economic growth and reduce poverty.
The other options are incorrect because they are not the headquarters of the Asian Development Bank. Jakarta is the capital of Indonesia, Singapore is the capital of Singapore, Bangkok is the capital of Thailand, and Manila is the capital of the Philippines.