ADB president Haruhiko Kuroda
Manila. 6 May 2012.Corruption is a major obstacle to reducing poverty at a faster pace in the Asia-Pacific region, the Asian Development Bank (ADB) said.
“Asia is the region where the largest number of poor people lives,” ADB president Haruhiko Kuroda said at the end of the bank’s annual Board of Governors meeting.
“We have to redouble our efforts to eradicate poverty,” he said.
“Corruption and bad governance have been major obstacles to eradicate poverty at a much faster pace.” Kuroda said many countries in the region were taking steps to improve governance in line with poverty-reduction programmes.