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Sri Mulyani: It is Necessary to Mobilize Trillions of US Dollars to Handle Climate Change

India urges ADB not to overlook its focus on growth and shared prosperity

In Tbilisi, Georgia, at the 57th Annual Meeting of the Asian Development Bank (ADB), India emphasized the importance of focusing on poverty reduction alongside sustainable growth. India s Vikas Sheel, speaking on behalf of Finance Minister Nirmala Sitharaman, urged ADB not to overlook its mandate on growth and shared prosperity. Despite Sitharaman s absence due to India s ongoing elections, India affirmed its support for inclusive and sustainable growth in Asia and the Pacific.

ADB announces plans to scale up post-Covid lending

The Asian Development Bank (ADB) on May 4 announced plans to scale up lending resources and improve private capital mobilisation to support developing member countries (DMC), including Cambodia, through challenges and uncertainties on their post-Covid-19 recovery journey.

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