Finance Minister Dr Wagle, AIIB President Jiayi meet
Summary
Finance Minister Dr Swarnim Wagle met AIIB President Zou Jiayi in Doha and urged the bank to expand investment in Nepal, support post-flood reconstruction and increase access to concessional financing. The AIIB pledged support for Nepal’s recovery efforts and said it would consider grant-backed loans and project preparation assistance.
Key Points
- Finance Minister Dr Swarnim Wagle met AIIB President Zou Jiayi in Doha during the Asian Infrastructure Investment Bank’s annual meeting.
- Wagle asked the AIIB to expand investment in Nepal, accelerate ongoing projects and support rebuilding after the recent floods in the Bhotekoshi-Trishuli river system.
- The AIIB promised support for post-flood reconstruction, grant assistance for project preparation and possible highly concessional loans for Nepal.
- Wagle also sought AIIB backing for green energy, cross-border power transmission, roads and digital infrastructure, and invited Jiayi to visit Nepal by 2026.
