Finance Minister Dr Wagle holds meeting with AIIB President Jiayi
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 reaffirmed its commitment to further collaboration on development projects.
Key Points
- Finance Minister Dr Swarnim Wagle met AIIB President Zou Jiayi in Doha during the Asian Infrastructure Investment Bank’s annual meeting.
- Wagle urged the AIIB to expand investment in Nepal, speed up funded projects and support post-disaster reconstruction after the Bhotekoshi-Trishuli floods.
- The AIIB president pledged support for Nepal’s post-flood reconstruction and said grant assistance would be provided for project preparation.
- Wagle also called for more AIIB-backed spending on green energy, cross-border transmission, roads and digital infrastructure.
