Tripartite portfolio review meeting with ADB next March

Posted by BankInfo on Tue, Dec 13 2011 06:04 am

The government will hold a tripartite portfolio review meeting with the Asian Development Bank (ADB) in March next year to review the progress of the ADB-assisted projects as well as to speed up their implementation.

The meeting will be held among the Economic Relations Division (ERD), the ADB and the concerned executing ministries and agencies, said a top official at the ERD.

The official said that there are 40 ongoing projects under the financial assistance of ADB amounting to around 5 billion US dollars, of which about 50 per cent still remains to be disbursed.

The previous tripartite portfolio review meeting was held September 18-19 in the capital between the representatives of the ERD, Planning Commission and ADB. —UNB

Source: The Daily Sun/ Bangladesh/ 13th Dec 2011

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