ADB and World Bank join forces for sustainable development of Nepal’s hydropower sector

KATHMANDU: The Asian Development Bank (ADB) and the World Bank announced a collaboration to strengthen Nepal’s hydropower sector, specifically in the context of the proposed Upper Arun and Dudh Koshi hydropower projects. A memorandum of understanding (MOU) stipulating cooperation between the two institutions for an initial period of 5 years was signed today on the […]

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Finance Minister Poudel, ADB Vice President meet

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.

Finance Minister Poudel, ADB Vice President meet

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

WB, ADB collaborate for sustainable development of Nepal’s Hydel Sector

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 […] The post WB, ADB collaborate for sustainable development of Nepal’s Hydel Sector appeared first on Aarthiknews:: A leading business & economic news portal from Nepal.

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.

Govt, ADB and WB review progress of projects

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.

Nepal, ADB, and World Bank review project progress

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 economy projected to grow by 5.84 percent this fiscal year

Statistics bureau’s projection is higher than that by World Bank and ADB, which estimated 3.7 percent and 3.9 percent respectively.

Nepal’s economic growth  will be 3.9 percent in FY 2021/22: ADB

KATHMANDU: In the current Fiscal Year 2021/22, Nepal’s economic growth rate is projected to be confined to 3.9 percent. Releasing the Asian Development Outlook 2022 on Wednesday, the Asian Development Bank (ADB) made the projection that Nepal’s growth will be limited to 3.9 percent. This ADB projection is in line with the World Bank projection. […]