Finance Minister urges ADB to back Nepal’s post‑disaster recovery, climate‑resilient reconstruction

KATHMANDU: Finance Minister Dr Swarnim Wagle has called on the Asian Development Bank (ADB) to support Nepal’s recovery following recent disasters and to back climate‑resilient reconstruction.

Dr Wagle made the appeal while in Bangkok to attend the annual meetings of the World Bank and International Monetary Fund, during a meeting with ADB President Masato Kanda. He asked the bank to mobilise resources for post-disaster recovery, climate-resilient reconstruction and the advancement of Nepal’s long-term economic priorities, the Finance Minister’s Secretariat said.

On behalf of Nepal, Dr Wagle expressed gratitude to the ADB for its prompt approval of emergency grants to assist relief efforts after the floods and for its show of solidarity.

ADB President Masato Kanda said collaboration on Nepal’s development remained a high priority for the bank. Finance Secretary Dr Ghanshyam Upadhyaya and Joint‑Secretary Amrit Lamsal accompanied the minister to the meeting.

By RSS