Sunday, 6 May 2018

where was twelfth informal meeting of SAARC Finance Ministers held?

where was twelfth informal meeting of SAARC Finance Ministers held?

options

1) Manila

2)Bangkok

3)Kuala Lumpur

4)Jakarta

answer

1) Manila


Other details



    The twelfth informal meeting of SAARC Finance Ministers was held in Manila, on the sidelines of the 51st Annual Meeting of Asian Development Bank (ADB).

The meeting was chaired by the Finance Minister of Nepal Yuba Raj Khatiwada.

President of Asian Development Bank (ADB), Mr. Takehiko Nakao was present

The Finance Ministers/Heads of Delegation briefed the meeting about the current status of economic progress achieved by their countries.

The Asian Development Bank is a regional development bank established on 19 December 1966, which is headquartered in the Ortigas Center located in the city of Mandaluyong, Metro Manila, Philippines. 
Headquarters: Mandaluyong, Philippines
President: Takehiko Nakao
Founded: 19 December 1966

Motto: Fighting poverty in Asia and the Pacific

The South Asian Association for Regional Cooperation is the regional intergovernmental organization and geopolitical union of nations in South Asia. 

Its member states include Afghanistan, Bangladesh, Bhutan, India, Nepal, the Maldives, Pakistan and Sri Lanka. SAARC comprises 3% of the world's area, 21% of the world's population and 3.8% (US$2.9 trillion)  of the global economy, as of 2015

Founded: 8 December 1985, Dhaka, Bangladesh
Headquarters: Kathmandu, Nepal