Asian Development Bank (ADB) said it supports India’s commitment to build more infrastructure and will increase its lending to $10-12 billion till 2018. ADB President Takehiko Nakao met Finance Minister Arun Jaitley and praised India’s strong economic performance in the face of weak global growth. ‘India is likely to remain the fastest-growing large economy this year given the prudent macroeconomic management and the government’s efforts to improve the investment climate,’ Nakao said.
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Home » ADB to up lending to India for infra
ADB to up lending to India for infra
Infrastructure Finance
April 1, 2016April 1, 2016
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