ADB's Capital Management Reforms unlock $100bn in new funding
They expand the bank’s annual new commitments capacity to more than $36bn
Source: dunyanews.tv
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ADB unlocks $100B in fresh funding to boost regional growth in next 10 years • Cai U. Ordinario
The Manila-based multilateral development bank, the Asian Development Bank (ADB), decided to expand its funds to enable it to mobilize financing to help the region face crises in the next decade. In a statement, ADB said these efforts would unlock $100 billion in new funding to help Developing Member Countries (DMCs) to overcome “overlapping, simultaneous
Source: businessmirror.com.ph
AIIB's annual meeting kicks off in Egypt
The eighth annual meeting of the Board of Governors of the Asian Infrastructure Inves
Source: sierraleonetimes.com
US Treasury Chief Yellen to Visit India for G20 Leaders Summit
Janet L. Yellen, the US Treasury Secretary, is set to take part in the G20 Leaders Summit held in New Delhi from September 7 to September 10, as confirmed by the White House. During her fourth visit to India in less than a year, Secretary Yellen's primary objectives will be to enhance the worldwide economy and provide assistance to low and middle-income nations.
Source: newsx.com
US treasury secretary to focus on support for Ukraine during India visit
Janet Yellen will be in India from September 7-10, and this will be her fourth visit to the country in 10 months. She will also focus on supporting low and middle-income countries by advancing multilateral development bank (MDB) evolution and debt restructuring | Latest News India
Source: hindustantimes.com