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.
In placing the proposals on Sunday he said geo-political uncertainties are disproportionately affecting impoverished segments of the globe.
Taking macro economic 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.