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Category Archives: 20th Apr 1988

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JAPAN STRUGGLES TO USE ADB TO RECYCLE SURPLUSES

20th Apr 1988, Reportage, ReutersBy Chaitanya KalbagAugust 7, 2024Leave a comment

20 April 1988 Reuters News English (c) 1988 Reuters Limited  MANILA, April 20, Reuter – Japan’s attempt to use the Asian Development Bank (ADB) to recycle part of its 30 billion dollar private-sector surplus is not meeting with much success, banking officials and diplomats said.   Japan, with 15 pct of the 47-member ADB’s 22.8…

ASIAN DEVELOPMENT BANK STILL AWASH WITH FUNDS

20th Apr 1988, Reportage, ReutersBy Chaitanya KalbagAugust 7, 2024Leave a comment

20 April 1988 Reuters News English (c) 1988 Reuters Limited  MANILA, April 20, Reuter – The Asian Development Bank (ADB) is still awash with funds, with liquid assets of 4.5 billion dollars, 74.2 pct of its undisbursed loan balances, at the end of 1987, Treasurer Alan Gill said in an interview.  This compares with liquid…

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