ADB's 39th Annual Meeting in Hyderabad from May 3 to 6
26 Apr '06
3 min read
ADB (Asian Development Bank) announces that about 2,500 delegates will gather in Hyderabad, India, next week for ADB's 39th Annual Meeting of the Board of Governors.
The event, to be held on 3-6 May, brings together economic and finance planning senior government officials, ministers, academics, journalists, government officials, business people, investment bankers, and representatives of international organizations and nongovernment organizations.
The venue is the new Hyderabad International Convention Center (HICC) – India's largest – located in the country's fastest growing high-tech corridor.
Among the issues expected to figure prominently this year are the development challenges facing Asia in the face of global imbalances, India's - and South Asia's - role in a region that is rapidly integrating, and the Asia and Pacific region's massive infrastructure needs.
The meeting takes place in the context of an Asia and Pacific region that is economically buoyant – ADB projects the region will achieve an overall economic expansion of 7.2% in 2006 and 7% in 2007, a marginal easing from 7.4% in 2005.
A disorderly unraveling of global payment imbalances, human to human contact of the avian flu virus, yet higher oil prices, or a surge in trade protectionism would unsettle the outlook.
Delegates will be looking at how to address poverty in the context of these challenges and a rapidly changing Asia and, in particular, how ADB can respond to the region's changing needs.
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