Asian Development Bank (ADB) President Takehiko Nakao met with Malaysia’s Prime Minister Najib Razak and Finance Minister II, Ahmad Husni Hanadzlah, to discuss ways ADB can further support the country’s efforts to reach high-income status by 2020. Mr. Nakao also attended the 19th ASEAN Finance Ministers’ Meeting in Kuala Lumpur, where he outlined the region’s economic outlook and policy challenges in the inaugural year of the ASEAN Economic Community (AEC).

“Decades of economic progress has put Malaysia within sight of achieving high income status,” said Mr. Nakao. “ADB stands ready to help Malaysia address remaining challenges to ensure sustainable growth, including by taking advantage of ASEAN’s ongoing integration.”

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