The Domestic Resource Mobilization Trust Fund or DRMTF aims to enhance domestic resource mobilization in ADB’s developing member countries (DMCs) to achieve the United Nations’ 2030 Sustainable Development Goals, particularly Goal 17.1, which states “Strengthen domestic resource mobilization, including through international support to developing countries, to improve domestic capacity for tax and other revenue collection.” It prioritizes activities with strong links to ADB operational activities and/or concerns consistent with the country strategies and programs. Activities that contribute concretely to reducing poverty are given higher priority over others. Individual donor economies participating in the fund may specify further priorities for their contributions. The fund assists tax authorities in DMCs in implementing internationally agreed standards, including base erosion, profit shifting, and automatic exchange of information.
In 2022, Taipei,China joined the DRMTF. As a new partner, the economy contributed $1 million from its International Cooperation and Development Fund.