DPM Paudel meets ADB Vice President in Washington DC

WASHINGTON DC: Deputy Prime Minister and Minister for Finance Bishnu Prasad Paudel, currently in Washington DC to attend the annual meetings of the World Bank Group and the International Monetary Fund (IMF), held a meeting with Asian Development Bank (ADB) Vice President for South, Central, and West Asia, Yingming Yang. According to the Nepali Embassy in the USA, they discussed the current capital of the ADB and future potential collaborations with Nepal.

DPM Paudel praised the ADB's role in advancing construction projects in Nepal and expressed gratitude for the ADB's grant of $3 million for the survivors of recent floods and landslides. ADB Vice President Yangming informed Minister Paudel about the structural process of the Bank's new partnership strategy, accordng to the Embassy.

Meanwhile, DPM Paudel also met with the World Bank Group's Executive Director, Wempi Saputra, who assured enhanced WBG participation in Nepal's development efforts. Additionally, DPM Paudel had a meeting with Vice President of the International Finance Corporation (IFC), Riccardo Puliti.