Finance Minister AH Mahmood Ali has called upon the Asian Development Bank to make its climate financing concessional while placing five specific proposals regarding measures for tackling immediate economic concerns of the developing member countries (DMC) at this turbulent time.
While placing the proposals recently, he said geo-political uncertainties are disproportionately affecting impoverished segments of the globe.
Taking macroeconomic predicaments into consideration, policy-based support and concessional financing would be instrumental in tackling immediate economic concerns of the developing member countries, Ali said while delivering his statement at the business session of the Board of Governors 57th ADB Annual Meeting here in Georgian capital city.
