WEB DESK
The 12th informal meeting of SAARC Finance Ministers was held in Manila, the capital of Philippines, today on the sidelines of the 51st Annual Meeting of Asian Development Bank (ADB). The meeting was attended by the Finance Ministers/Heads of Delegations from the SAARC member states.
Finance Minister of Nepal Yuba Raj Khatiwada chaired the meeting. According to a press statement issued by the SAARC Secretariat, Mr. Khatiwada underscored the need of concerted efforts to attain the objective of South Asian Economic Union as desired by the leaders of SAARC. The Finance Ministers/Heads of Delegation briefed the meeting about current status of economic progress achieved by their countries.
They also appreciated ADB for its contribution in economic growth of SAARC countries. Vice President of Asian Development Bank Wencai Zhang reaffirmed ADB’s commitment to continue collaboration with SAARC for economic development and prosperity of the peoples in South Asia.