The Timor-Leste delegation led by Minister of Finance, Dra. Emilia Pires attended the 44th Asian Development Meeting (ADB) Annual Meeting in Hanoi, Viet Nam from 3 to 6 May 2011. The ADB’s Annual Meeting gathered delegates including finance ministers and key policy-makers, business leaders, civil society representatives, media and academia to discuss immediate and long-term challenges in Asia and the Pacific.
As member of the Pacific Developing Member Countries (PDMC), Timor-Leste took part on the 21th PDMC Governors meeting with the ADB Management. The meeting highlighted ADB’s work in the Pacific, challenges and future support. On this meeting, the President of ADB, Mr. Haruhiko Kuroda, expressed ADB’s intension to strengthen cooperation with the PDMCs in the area of economic crisis support, response to climate change, private sector development, and regional cooperation. On the other hand, the PDMCs expressed its appreciation to the ADB’s supports and requested that the financial support and technical assistance should be aligned with each country’s national development plan and priorities in order to maximize the outcomes. On this meeting, Timor-Leste was elected as the Chair of the PDMCs Board of Governor for the period 2011-2012.
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