World Bank country director meets PM Oli

Kathmandu, June 10

The World Bank’s Country Director for Nepal, Qimiao Fan, met with Prime Minister KP Sharma Oli today and reaffirmed support for the priorities and programmes of the new government. Fan was accompanied at the meeting by Faris Hadad-Zervos, the World Bank’s new country manager for Nepal.

Fan informed the prime minister that the World Bank Group is preparing a new Country Partnership Framework that will align with the tenure and priorities of the new government, as per a press statement issued by the World Bank Nepal Mission, adding that the bank is fully behind Nepal in its efforts at institutionalising federalism.

“Development partners look forward to a government roadmap that could help coordinate their joint support to the federalism agenda, along with all important actors and institutions in the development space,” the statement quoted Fan as saying in the meeting with the prime minister. Fan offered the World Bank’s support for the government’s plans at strengthening the delivery and monitoring of development projects.

Similarly, Fan and Hadad-Zervos also called on Finance Minister Yubaraj Khatiwada. They welcomed the budget’s focus on jobs, human development, equitable growth and private sector participation, reads the statement.