Finance minister heads to ADB annual meeting

Finance minister heads to ADB annual meeting

Finance Minister Dr Ram Sharan Mahat is leaving for Kazakhstan to take part in the 47th annual meeting of the Asian Development Bank (ADB) scheduled on May 2-5 Kazak capital Astana. The annual meeting is expected to decide on increament of financial resource of Asian Development Fund (ADF) to support the strategic long-term development goals set by under-developed countries of the region as well as asses the results achieved by ADF. Mahat is going to give presentation on the output of ADB’s assistance, apart from meeting high-level ADB officials. Likewise, finance ministers of South Asian countries – under South Asian Association for Regional Co-operation (SAARC) – are also holding separate meetings on the sideline of the main event. ADB is helping SAARC integrate in trade and economic front.
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