ADB sees huge rise in commitments to $20.1bn

The Asian Development Bank saw commitments - loans, grants, and investments - hit $20.1 billion last year, up from $13.3 billion in 2016.

The increase was helped by the bank merging its concessional Asian Development Fund lending operations with the ordinary capital resources balance sheet.

The energy sector was the biggest recipient, with $10.89 billion, while the South Asia region saw the most funds with $10.65 billion.