Kathmandu, Jan. 21
Deputy Prime Minister and Finance
Minister Bishnu Prasad Paudel has requested the World Bank to increase its
budgetary assistance.
He requested the bank to increase
the scope of budgetary aid in a meeting with the delegation led by WB’s Country
Director for Nepal, Sri Lanka and Maldives, Faris Hadad Zervos the other day.
According to him, the Ministry of
Finance will play an effective role in completing the necessary preliminary
tasks for the allocation and receipt of budgetary assistance from the World
Bank in the current financial year.
Mentioning that the government is
committed to identifying and solving the causes of the problems seen in the
projects run with the assistance of the WB, he said that he is paying attention
to ensure that there were no weaknesses and complaints.
Appreciating the support provided
by the multinational donor in various fields, DPM Paudel informed that projects
such as Upper Arun and rural roads are Nepal's priorities.
On the occasion, he expressed his
belief that the relationship with the WB would be further strengthened and said
that the political leadership will help to make the projects successful.
Meanwhile, Zervos stated that he
was aware of and impressed with the working style of the DPM and FM Poudel, and
expressed his belief that projects supported by the WB should be prioritised.
He requested the DPM Paudel to
facilitate the solution to the problems encountered in the projects run with
the assistance of the bank.
Published in The Rising Nepal daily on 22 January 2023.
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