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AIIB’s members tally 109

Member countries accumulate about 81% of the global population.

The Asian Infrastructure Investment Bank (AIIB) has expanded its membership to 109 countries, following the approval of applications from El Salvador, the Solomon Islands, and Tanzania.

With these new additions, AIIB's member countries collectively represent 81% of the world's population and contribute to 65% of the global gross domestic product (GDP). 

ALSO SEE: BDO Capital's president shares insights on infrastructure financing in the Philippines

The three prospective members are set to formally join AIIB once they fulfil the necessary domestic procedures and make their initial capital deposits to the bank. 

The approval for welcoming these three prospective members was granted by AIIB's Board of Governors during its eighth Annual Meeting in Sharm El Sheikh, Egypt

 

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