ADB's 39th Annual Meeting in Hyderabad from May 3 to 6
26 Apr '06
3 min read
The Annual Meeting's formal Opening Session takes place at the HICC on Friday, 5 May. Besides the business sessions and seminars, other events of interest to reporters during the week are the country presentations, ASEAN+3 Finance Ministers' meeting on the sidelines, an Open Forum on ADB-NGO Cooperation, and the Governors' seminar.
Complementing these, the annual seminar series this year addresses such themes as Knowledge-Based Economies in the 21st Century, Transforming Asian Economies with E-Services, Asian Economic Integration, Infrastructure, and Sustainable Energy Development.
The Annual Meeting's formal events are due to close on the afternoon of Saturday, 6 May.
A fully equipped Media Center will be set up for reporters at the exhibition centre. Staffed by ADB's Department of External Relations, it will have desk space for more than 100 journalists and booths for news agencies.
Annual meetings are statutory occasions for the Governors of ADB members to provide guidance on ADB administrative, financial, and operational directions. It is ADB's second to be held in India, following one in New Delhi in 1990.
India, a founder member of ADB, is ADB's fourth biggest shareholder overall (behind Japan and the United States, and the People's Republic of China). ADB total lending assistance to end-2005 for India amounts to about $15.4 billion, while about $115.8 million was provided for TA grants.
According to the latest India Country Strategy and Program Update, ADB plans to scale up lending levels to India from an average of around $1.24 billion in recent years to around $2.65 billion by 2008.
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