"We would do well to adopt country systems for procurement safeguards and other fiduciary policies", Garg said. "That will allow us to compete for investments for even more attractive terms", he added.
Duterte said the Marawi siege past year underscores not only the need to trickle down the fruits of development in Mindanao but also the importance of civil order. "ADB has generally been supportive about our desire for stepping up annual lending", Garg told Mint in an interview prior to his address to the board of governors.
"Build, build, and build and we Link and link and link - that is the battle cry of the moment". ADB may also need to post more global staff from headquarters to resident missions.
Sri Lanka's Minister of Finance and Media Mangala Samaraweera, who is now attending the 51st Annual Meeting of the Asian Development Bank's (ADB) Board of Governors, met with In-Chang Song, Director of the ADB, on Friday (04) at the ADB Headquarters in Manila.
Dominguez, who is this year's chairman of this bank's Board of Governors, said ADB's Strategy 2030 is a "good beginning" in meeting this challenge as it provides the institution with a roadmap that will not only let member-countries adjust to the new balance of power in the global economy, in which the Asia-Pacific is the center of gravity, but also help them cope with the enormous forces unleashed by new technologies.
In this regard, he said the ADB's continued technical and financial assistance was highly commendable and would enhance regional connectivity and trade between CAREC member countries.
In the United States have banned abortion
Supreme Court ruling that established women have a right to terminate pregnancies until a fetus is viable. The Fetal Heartbeat Bill passed the House on Tuesday and the state Senate on Wednesday.
He said infrastructure projects must be economically sound so countries can repay loans.
"Women's entrepreneurship is important because it helps us move closer to the goal of achieving a more gender equal Asia and the Pacific", said ADB President Takehiko Nakao at the seminar, attended by policymakers, entrepreneurs, researchers, and development practitioners.
He also appreciated ADB president's role in introducing reforms and initiatives which were being implemented by the ADB leadership.
"We welcome the fact that the Asian Development Bank participates in other reforms of Georgia, including capital market development reform, pension and education reform", he added.
In line with ADB's Operational Plan for Regional Cooperation and Integration, 2016-2020, ARTCF will help the selected ADB developing member countries to identify and design projects that improve cross-border transport, energy, and information and communications technology infrastructure. We must address rising inequality, growing environmental pressures, and rapid urbanization.
India, however, is not ready for such a shift in ADB's lending policy.