PM Shah, ADB Chief Kanda pledge stronger partnership for governance and infrastructure

Summary

Nepal's Prime Minister Balendra Shah and Asian Development Bank President Masato Kanda reaffirm their commitment to strengthen development partnership, focusing on governance, economic reforms, and infrastructure.

Key Points
  • Prime Minister Balendra Shah and ADB President Masato Kanda reaffirm commitment to strengthen Nepal-ADB development partnership.
  • Discussions focused on governance, economic reforms, hydropower, tourism, digitalisation, and infrastructure.
  • ADB committed to supporting Nepal's long-term economic development and prosperity.
  • Nepal and ADB recently signed a $165 million concessional loan agreement for development programmes.
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