Participants gather for ADB's 56th Annual Meeting in Incheon, Republic of Korea

Tuesday, 02/05/2023 12:15
(CPV) - About 4,500 participants are gathering in Incheon for the Asian Development Bank’s (ADB) 56th Annual Meeting, which opens on May 2nd 2023.
Source: ADB

Finance ministers, central bank governors, and government officials from ADB members will be joined by representatives of the private sector, development partners, youth, academia, civil society, and media from Asia and the Pacific, and around the world.

“These meetings provide an excellent opportunity for policy makers and development leaders from across Asia and the Pacific to examine the key issues that will shape our region’s recovery from the COVID-19 pandemic,” said ADB Managing Director General Woochong Um. “They are also an important platform for the Republic of Korea to share the rich lessons it learned through its rapid economic development over the past generation with ADB’s developing member countries.” 

The Annual Meeting will run from 2 to 5 May under the theme “Rebounding Asia: Recover, Reconnect, and Reform”. The Board of Governors is expected to focus their meetings on ADB’s role in ensuring a sustainable and inclusive recovery in its developing member countries (DMCs), while contributing more to regional public goods such as climate change. They will explore ways to expand ADB’s lending capacity to meet the strong demand for financing and knowledge. 

The flagship Governors' Seminar will focus on policies needed to support the region's rebound. At the Business Session, ADB President Masatsugu Asakawa will update the governors on the bank's operations and set forth his vision for the organization. Other seminars will address topics such as workforce and technology needs of the region’s green transition, gender and financial inclusion, new sources of growth for Asia, and the private sector’s role in promoting sustainable green growth./.

Khac Kien