Chaitanya Kalbag MANILA, April 29, Reuter – The Soviet Union’s interest in joining the Asian Development Bank (ADB) is part of Moscow’s move to restructure its economy, a senior official said. “The ADB’s major field of cooperation with its members bears a relation to Soviet efforts to restructure the economy aimed at expanding our export…
Chaitanya Kalbag MANILA, April 29, Reuter – The Asian Development Bank’s lending policies came under fire at its annual meeting and there were calls for a re-examination of its role. Indonesian Finance Minister J.B. Sumarlin said he was concerned that although loan approvals rose to a record high of 2.4 billion dollars in 1987, the…
29 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 29, Reuter – Taiwan delegates to the Asian Development Bank’s annual meeting continued to cover their badges saying “Taipei, China” on Friday, defying the Bank’s efforts to change the island’s name in deference to China. Such protests by the Taiwanese, who have also…