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    <title>Statement by the Union Finance Minister Shri P. Chidambaram at 47th Annual Meeting of Asian Development Bank at Astana on Resources of Asian Development Bank</title>
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    <description>Urgent call to double the Asian Development Bank&#039;s Sustainable Level of Lending by increasing capital stock and adopting a comprehensive strategy of augmenting income and reducing expenses. Declining SLL is attributed to falling interest rates, rising administrative expenses, and stagnant disbursements; every saving or additional interest income will enhance lending capacity. The statement criticises the recent increase in loan charges opposed by most members and urges shareholders to agree promptly on capital increases to restore and expand the Bank&#039;s lending role.</description>
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    <pubDate>Mon, 05 May 2014 09:00:59 +0530</pubDate>
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      <description>Urgent call to double the Asian Development Bank&#039;s Sustainable Level of Lending by increasing capital stock and adopting a comprehensive strategy of augmenting income and reducing expenses. Declining SLL is attributed to falling interest rates, rising administrative expenses, and stagnant disbursements; every saving or additional interest income will enhance lending capacity. The statement criticises the recent increase in loan charges opposed by most members and urges shareholders to agree promptly on capital increases to restore and expand the Bank&#039;s lending role.</description>
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