March 10, 2026 11:06 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Iran war disrupts LPG supplies, restaurants in major Indian cities edge towards shutdown | ‘How dare you question judicial officers?’: SC raps Bengal SIR pleas, orders appellate tribunals for voter list appeals | 'Book withdrawn': NCERT apologises for controversial judiciary chapter after Supreme Court ban | Indian stock market surges as Brent crude dips below $100 after Trump’s Iran remarks | Australia grants asylum to five Iranian women footballers after anthem protest; Albanese says ‘they are safe here’ | Trump administration labels Afghanistan ‘state sponsor of wrongful detention’ | Trump threatens Iran with ‘20 times harder’ strike if oil flow through Strait of Hormuz is disrupted | CEC Gyanesh Kumar faces black flags during Kalighat Temple visit in Kolkata amid TMC’s SIR protests | ‘Arrogance will be shattered’: PM Modi warns Mamata Banerjee over remarks on President Murmu | Bloodbath on Dalal Street! Sensex, Nifty crash amid escalating Middle East conflict
Mahinda Rajapaksa
WIKIMEDIA COMMONS

Sri Lankan prime minister elected to head of board of governors of ADB

| @indiablooms | May 07, 2021, at 12:59 pm

Sri Lankan Prime Minister Mahinda Rajapaksa has been elected to the chair of the board of governors of the Asian Development Bank (ADB), reported Colombopage. Rajapaksa, who also holds the charge of the ministry of finance in Sri Lanka, will remain in the position for 2021-2022.

Addressing the 54th Annual Meeting of ADB, he said Asia is known for its resilience and leading even during the current pandemic, the region is “leading the growth story of the World.”

Amid unprecedented loss in human lives and economic disruption, he said, “Our policy solutions must be environmentally and socially sustainable. "We must preserve our way of life for future generations.” Collective cooperation is needed to address the common issues," he added.

Backing transition to a green economy, he stressed that the ADB must “lead the way in supporting member countries for the transition.” He further added, “There should be a new approach to ensure that access to resources is better managed.”

Rajapaksa, in his address, also lauded the efforts the ADB has taken so far to mitigate the pandemic effects, including financial assistance to countries for procurement vaccines.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.