Clients of MiBank in Waigani Central branch.

The Microfinance Expansion Project will support the further development of the microfinance sector in Papua New Guinea.

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Papua New Guinea

Pacific Private Sector Development Initiative Phase II

Microfinance Expansion Project

United Nations, New York, USA, June 05 2015 - Queen Maxima of the Netherlands, the Secretary-Generals Special Advocate for Inclusive Finance for Development, (UNSGSA) addresses a press conference today at the UNHQ.

Credit: Luiz Rampelotto/EuropaNewswire

ADB President Masato Kanda met with Deputy Prime Minister and Minister of Economy and Finance Jamshid Kuchkarov to discuss Uzbekistan’s ongoing economic transformation. They noted significant progress in enterprise reforms, capital market development, and the expansion of private sector participation, all of which are contributing to strong momentum as evidenced by the recent improvement in Uzbekistan’s credit rating. During his visit, President Kanda also witnessed the signing of the Inclusive Finance Sector Development Program, which aims to enhance access to finance and promote inclusive growth.

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President's X post.

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Annapurna Finance Private Limited is a well-established NBFC with a strong presence in eastern India and a steadily expanding geographic footprint. Backed by reputed global equity investors and supported by a healthy capital adequacy position, the company has demonstrated consistent scale-up with sound asset quality. Its focused lending approach and robust balance sheet position Annapurna Finance as a resilient player in India’s inclusive finance ecosystem.

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