Highlights of ADB's 51st Annual Meeting

Video | 01 June 2018

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Highlights of ADB's 51st Annual Meeting of the Board of Governors held in Manila, Philippines, from 3 to 5 May 2018. ADB Governors and Management met to consider Strategy 2030, which expands ADB’s vision to achieve a prosperous, inclusive, resilient, and sustainable Asia and the Pacific.

“Half a century ago, Asia was the poorest region in the world. Today, the economic center of gravity is shifting to Asia and the Pacific, and almost all our developing member countries have advanced to middle-income status. Yet, large challenges remain, and new ones are emerging," said ADB President Takehiko Nakao in his address at the Opening Session of the ADB Board of Governors delivered on 5 May 2018.

"Strategy 2030 will renew our strong commitment to eradicate extreme poverty in the region and expand our vision to achieve a prosperous, inclusive, resilient, and sustainable Asia and the Pacific."

Transcript

Highlights of ADB's 51st Annual Meeting of the Board of Governors held in Manila, Philippines, from 3 to 5 May 2018. ADB Governors and Management met to consider Strategy 2030, which expands ADB’s vision to achieve a prosperous, inclusive, resilient, and sustainable Asia and the Pacific.

“Half a century ago, Asia was the poorest region in the world. Today, the economic center of gravity is shifting to Asia and the Pacific, and almost all our developing member countries have advanced to middle-income status. Yet, large challenges remain, and new ones are emerging," said ADB President Takehiko Nakao in his address at the Opening Session of the ADB Board of Governors delivered on 5 May 2018.

"Strategy 2030 will renew our strong commitment to eradicate extreme poverty in the region and expand our vision to achieve a prosperous, inclusive, resilient, and sustainable Asia and the Pacific."

In his opening address delivered on 5 May, Carlos G. Dominguez, Secretary of Finance, Republic of the Philippines, spoke about the 'fruitful partnership' between the Philippines and ADB.

"The partnership between the ADB and the Philippines has been an especially fruitful one. The Bank has been a reliable and responsive partner in mobilizing resources and technical support needed for our development," he said.

"The Bank helped us build critical infrastructure to support our economic growth."

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