Bank Of Baku

Azerbaijan will take part in ADB annual meeting in Bali

Azerbaijan will take part in ADB annual meeting in Bali
# 01 May 2009 14:57 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Azerbaijan’s Minister of Finance Samir Sharifov will lead a delegation to Indonesia to attend the 42nd annual meeting of the Asian Development Bank (ADB) in Nusa Dua, Bali, scheduled from May 2-5, 2009.

Representatives from International Bank of Azerbaijan and Technikabank will also attend the meeting.
The meting will mainly focus on issues such as the Asian response to the global financial crisis, climate change and regional integration.
Around 3,000 delegates including government leaders, central bank governors and finance ministers as well as representatives from academia, the media and civil society groups are expected to attend the four-day gathering starting from May 2.
It marks the second time the ADB has held its annual meeting in Indonesia after the 1976 conference in Jakarta. Indonesia was a founding member of the ADB in 1966 and is a key development partner, receiving 1.01 billion U.S. dollars in public sector lending in 2008.
Attendees are also expected to discuss progress that ADB has made towards achieving its objectives under its long-term Strategy 2020 framework adopted at its 2008 Annual Meeting in Madrid, Spain.
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