Manila, March 25 -- The Asian Development Bank (ADB) has said it is ready to deploy timely financial and technical support to help developing member countries (DMCs) mitigate the impacts of the Middle East conflict.

In a statement late Tuesday, the bank assured that it has ample resources to safeguard existing and planned operations, while expanding emergency support in line with the needs of these countries.

"ADB will deliver rapid, flexible, and scalable assistance to help countries manage immediate pressures and strengthen long-term resilience, notably fast-disbursing budget support and trade and supply chain finance to secure the import of essential goods, now including oil," said ADB President Masato Kanda.

"This builds on our str...