World Bank, ADB moving closer to funding two major hydel projects in east Nepal
Nepali ministers and top officials from the World Bank and the Asian Development Bank visited the project site of Upper Arun Hydroelectric Project on Friday.
Washington DC, October 24 — Deputy Prime Minister and Minister for Finance Bishnu Poudel who is presently here in course of attending the annual meetings of the World Bank Group and the International Monetary Fund (IMF) held a meeting with Vice President of the Asian Development Bank (ADB) Yingming Yang
According to the Nepali Embassy here, they discussed the matters related to the present capital of the Bank and future potential collaborations with Nepal on the occasion.
DPM Poudel lauded the ADB's role in advancing construction projects in Nepal He also extended gratefulness to the ADB for providing...
Washington DC, October 24 — Deputy Prime Minister and Minister for Finance Bishnu Poudel who is presently here in course of attending the annual meetings of the World Bank Group and the International Monetary Fund (IMF) held a meeting with Vice President of the Asian Development Bank (ADB) Yingming Yang
According to the Nepali Embassy here, they discussed the matters related to the present capital of the Bank and future potential collaborations with Nepal on the occasion.
DPM Poudel lauded the ADB's role in advancing construction projects in Nepal He also extended gratefulness to the ADB for providing...
KATHMANDU, DECEMBER 6: The World Bank (WB) and the Asian Development Bank (ADB) announced a collaboration to strengthen Nepal’s hydropower sector specifically in the context of the proposed Upper Arunand DudhKoshi hydropower projects. A memorandum of understanding (MOU) stipulating cooperation between the two institutions for an initial period of five years was signed today on […]
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The government of Nepal, along with the Asian Development Bank (ADB) and the World Bank (WB), on Friday held a joint tripartite portfolio review meeting to evaluate the progress of projects supported by ADB and the World Bank and address key issues hindering portfolio performance.
KATHMANDU: In a collaborative effort, the Nepal Government, along with the Asian Development Bank (ADB) and the World Bank, conducted a Joint Tripartite Portfolio Review Meeting to assess project advancement. Chaired by Finance Minister Prakash Sharan Mahat and Finance Secretary Krishna Hari Pushkar, the meeting gathered representatives from Nepal’s government, ADB, and the World Bank. […]
Nepal has been grappling with a longstanding issue that has held back its development - the lack of effective implementation of development projects. Despite the country receiving assistance from the international community including multilateral development partners such as the World Bank (WB) and the Asian Development Bank (ADB), Nepal has struggled to make satisfactory capital expenditure and meet its growth targets.
In their separate growth forecast reports published by the World Bank (WB) and the Asian Development Bank (ADB) on Tuesday, the multilateral development partners of the country have trimmed their economic growth forecast for Nepal to 4.1 per cent this fiscal year amidst domestic and external challenges.
