Kathmandu – World Bank’s Country Director for Nepal, Qimiao Fan called on Prime Minister KP Sharma Oli today and reaffirmed support for the priorities and programs of the new government. Fan was accompanied at the meeting by the World Bank’s new Country Manager Faris Hadad-Zervos.
Fan informed the Prime Minister that the World Bank Group is preparing a new Country Partnerships Framework to align with the tenure and priorities of the new government. He said the Bank is fully behind Nepal in its efforts at institutionalizing federalism, according to a statement issued by the WB in Nepal.
Later today, Fan and Hadad-Zervos called on Finance Minister Yubaraj Khatiwada and welcomed the budget’s focus on jobs, human development, equitable growth and private sector participation. They also congratulated the Government of Nepal for exceeding the disbursement targets for the Bank’s investment lending in Nepal this fiscal year.
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