ADB president meets Malaysian PM to discuss possible lending

Source: Xinhua| 2019-05-17 16:45:14|Editor: xuxin
Video PlayerClose

KUALA LUMPUR, May 17 (Xinhua) -- Asian Development Bank (ADB) President Takehiko Nakao met with Malaysian Prime Minister Mahathir Mohamad on Friday during his two-day visit to Malaysia, discussing issues including possible lending.

According to ADB news release, they discussed how ADB can support Malaysia in areas such as water, urban transport, and renewable energy, including the possibility of lending to help Malaysia incorporate more advanced technologies, diversify its project funding sources, and address debt sustainability.

ADB's assistance will foster inclusive growth, enhance institutional capacity, improve government efficiency, and promote climate change actions, said the release.

It also highlighted that both parties agreed on the importance of ADB's continued engagement with upper-middle-income countries such as Malaysia, which support these areas based on ADB's 2030 Strategy.

Malaysia joined ADB as a founding member in 1966. Since then, Malaysia has received 2 billion U.S. dollars of ADB assistance for 77 investment projects, most of which were during the 1980s and 1990s, in sectors such as agriculture, education, energy, and transport.

The last ADB loan to Malaysia was approved in 1997 for a skills development project.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001380668121
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
五月天综合网缴情五月中文 | 五月天综合网站日本 | 中文字幕精品亚洲无线码一区 | 一本久道久久综合狠狠爱 | 伊人久久精品视频 | 在线亚洲欧美日韩 |