Sunday, April 20, 2014

World Bank assures increased investment in Nepal

4:54 AM

Finance Minister Dr Ram Sharan Mahat said on Saturday that development partners are ready to increase assistance to Nepal to help the country graduate as a developed nation by 2022.

Speaking to media persons upon his arrival at the Tribhuvan International Airport (TIA) on Saturday after a two-week long visit to USA and Mexico for participation in a World Banks´ program, Mahat informed that the World Bank has expressed commitment to increase financial assistance to Nepal.

Mahat also informed that the World Bank is preparing a four-year country partnership strategy to support Nepal in key areas of the development process. Currently, 20 development projects are running with financial support worth Rs 23 billion from the World Bank.

“The World Bank group will increase its assistance in infrastructure development and employment generation,” said Mahat, adding “Development partners are optimistic about improved investment climate following the second Constituent Assembly election.”

Remaining

0 comments:

Post a Comment

 

This blog is a collection of information that is happening in Nepal. All information and news are collected by various website. You can fine original source on concern post. I do not hold copyright and accuracy of information. Please contact concern website.

© 2013 Nepal Information. All rights resevered. Designed by Templateism

Back To Top