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PM Rajapaksa To Lead ADB’s Board Of Governors 
Posted 6,May

By Chaveendra Dunuwille

In Local News

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In the 54th General Meeting of the Asian Development Bank (ADB) held virtually on the 5th of May, 2021 Prime Minister Mahinda Rajapaksa has been elected as  the Chair of the Asian Development Bank’s Board of Governors for the year  2021/2022. The Prime Minister who also serves as the nation’s finance minister  will also serve as the Governor of Sri Lanka in the ADB. 

In the meeting originally intended to be held in Tbilisi, Georgia the Governors of  Australia and Mongolia were elected as vice chairs for 2021/2022. It was stated  that the 55th General Meeting of the ADB is to take place in Colombo, Sri Lanka. 

In his statement the Prime Minister reflected on the devastating impact of Co vid 19 in terms of loss of human life and its detrimental impact to the world’s  economy especially those of developing nations. He also stated that emerging  Asia had a responsibility to lead the world. Furthermore the Prime Minister  brought to attention the conservation of resources and protection of the  environment by calling for a reduction of fossil fuel consumption. In the speech  he also highlighted Sri Lanka’s progress in tackling the pandemic situation and  its commitment to the concept of a ‘green economy’ and the steps the nations  has taken in order to reach that goal such as the increased digitization of the  public sector.