Finance Minister Wagle meets World Bank chief on Nepal flood aid

Summary

Finance Minister Dr Swarnim Wagle met World Bank President Ajay Banga in Washington to discuss support for Nepal’s flood recovery, rehabilitation and reconstruction. He also reviewed MCC projects and broader Nepal-US economic cooperation, including investment opportunities.

Key Points
  • Finance Minister Dr Swarnim Wagle met World Bank President Ajay Banga in Washington, DC, to discuss continued support for Nepal’s flood recovery and reconstruction.
  • Banga expressed condolences to the Government of Nepal and pledged the World Bank’s support for recovery efforts.
  • Wagle also met officials from the Millennium Challenge Corporation and the US International Development Finance Corporation to review project implementation and investment cooperation.
  • The visit focused on mobilising international support for disaster recovery and strengthening Nepal-US economic ties.
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