As Asia and the Pacific comes out of the crisis with significantly larger public debts, their infrastructure investments will need to be efficient, affordable, and sustainable.
Bruno currently chairs ADB’s Financial Sector Group. He joined ADB in 1993 as a Young Professional. In 2003, Bruno served as Principal Financial Economist in the South Asia Department, in 2008 became Director for Country Coordination and Regional Cooperation, and in 2010 was appointed Director of the Public Management, Financial Sector and Trade Division. From 2000 to 2003 he was Senior Economist at the European Central Bank while on leave from ADB.
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With timely and well-targeted programs, policy makers can prevent the health crisis from deepening into a wider economic and financial crisis. This could sow the seeds of economic recovery.
The delivery of services – such as clean water, reliable public transport, schools and hospitals – through economic and social infrastructure is among the most important functions of government. Resources must be well spent to ensure quality.
It's time for Sri Lankan banks to do more to support SMEs and infrastructure development.
Let’s make housing finance accessible to middle- and low-income households that are part of the informal economy.
ADB research on how to strengthen India’s fiscal rules yields multiple recommendations for other countries in developing Asia.
Creating a bankable project is not enough to automatically mobilize financing.
Sri Lanka is an excellent example of how it makes good economic sense for the public sector to drive private sector development in Asia and the Pacific.