Japan to take lead in ADF replenishment

Japan to take lead in ADF replenishment

Japan vows May 1 to ''take the lead'' in efforts to replenish the Asian Development Bank's dwindling concessional loan window -- the Asian Development Fund (ADF). ''Japan is determined to take the lead in fulfilling its obligation,'' Japanese Finance Minister Kiichi Miyazawa told a news conference in Manila. ''Japan is willing to shoulder a considerable portion of the projected 6.3 billion dollar ADF, which is to cover a four-year period from 2000.''

  • Product Code
  • ILEA001078542
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  • 1999/5/01 00:00:00
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  • Kyodo / Kyodo News Images
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  • 1999 Kyodo News
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