The Asian Development Bank (ADB) announced that it has approved its 2023 financial statements and the allocation of net income of $1.42 billion from its regular capital resources.
Publish dateMonday 6 May 2024 - 17:05
In the report of the Asian Development Bank, the allocable net profit of 2023 will be allocated as follows:
$1.005 billion to ADB's regular reserves to support the bank's capital growth, $292.5 million to the Asian Development Fund to help the poorest member countries, $110 million to the Special Technical Assistance Fund, and $15 million to the Ocean Disaster Response Fund Aram is assigned to Asia.
amacnews.com/vdcbuwbaprhba.e4r.html
Source : news agency wam
Most viewed
