Finance Minister Paudel meets World Bank VP Zutt
Summary
Nepal's Finance Minister Bishnu Prasad Paudel met World Bank VP Johannes Zutt to discuss economic growth, infrastructure development, and private-sector engagement under a new development finance law.
Key Points
- Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel met World Bank South Asia VP Johannes Zutt to discuss various development issues.
- The meeting focused on Nepal’s economy, urban and physical infrastructure, investment, tourism, and environmental concerns.
- Minister Paudel highlighted improvements in economic indicators and the government's intent to collaborate with the World Bank under a six-year Country Partnership Framework.
- Zutt emphasized the importance of the new Alternative Development Finance Mobilization Bill in attracting private-sector investment and boosting economic growth.
