KATHMANDU, Oct 15: Finance Minister Dr Swarnim Wagle has urged the Asian Development Bank (ADB) to support Nepal’s post-disaster recovery and climate-resilient reconstruction.
Wagle, who is in Bangkok, Thailand, to attend the annual meetings of the World Bank and the International Monetary Fund, made the request during a meeting with ADB President Masato Kanda.
During the meeting, Wagle urged the ADB to mobilize resources for post-disaster recovery, climate-resilient reconstruction and the advancement of Nepal’s long-term economic priorities, according to the Finance Minister’s Secretariat.
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On behalf of Nepal, Wagle thanked the ADB for promptly approving emergency grants to support relief efforts following the floods.
ADB President Kanda said that supporting Nepal’s development remained a high priority for the bank.
Finance Secretary Dr Ghanashyam Upadhyay and Ministry of Finance Joint Secretary Amrit Lamsal were also present at the meeting.