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KATHMANDU: Minister for Finance Prakash Sharan Mahat has left for Morocco to participate in the annual meeting of the World Bank.
The annual meeting will discuss the issues of global concerns, including global economic perspectives, global fiscal stability, poverty alleviation, inclusive economic growth and employment creation.
The meeting with the theme 'Global action, global impact' will be held from October 9 to 15.
Finance Minister Mahat is scheduled to meet with the International Finance Corporation (IFC)'s Regional Vice President for Asia and the Pacific Riccardo Puliti on the feasibility of private investment in Nepal.
The finance minister will have a meeting with USAID on Nepal-US development partnership. Matters related to risk elements on access to concessional fiscal arrangements and economic development capable of overcoming challenges and promoting inclusion through public digital infrastructure will also be discussed, it is shared.
The minister will also hold a separate sideline meeting with the South Korean Deputy Prime Minister and the representatives of the Standard Chartered Bank, International Monetary Fund (IMF), and Fitch Rating (a credit rating-related organisation) to discuss Nepal's rating.
The finance minister will also meet with the World Bank Group on future fiscal windows, Vice President of International Development Association and the Multilateral Investment Guarantee Agency (MIGA).
Finance and development ministers from 189 countries, representatives from central banks, private sector, civil society organisations, media and academia are attending the annual general meeting.
