ADB President Affirms Support for ASEAN and Accelerated Action on ASEAN Power Grid
Philippines, April 14 -- Asian Development Bank (ADB) President Masato Kanda participated in the 12th ASEAN Finance Ministers and Central Bank Governors' Meeting with international financial institutions on 10 April. During the meeting, he affirmed ADB's support for bolstering economic resilience amid escalating global trade tensions and stressed the importance of enhancing regional cooperation and connectivity, including through the ASEAN Power Grid. ADB has programmed $27 billion in financing over the next 3 years to support ASEAN members' development priorities, including boosting economic growth and competitiveness, enhancing human capital, and strengthening resilience. Mr. Kanda assured ASEAN partners that ADB can mobilize additional r...
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