Kathmandu, Sept. 10
The International Finance Corporation (IFC) is going to
expand its investment in Nepal.
In a meeting with Deputy Prime Minister and Minister for
Finance Bishnu Prasad Paudel on Tuesday at the Ministry of Finance (MoF), South
Asia Regional Director of IFC Imad Fakhoury expressed the intention of IFC to
expand investment in Nepal.
IFC invested US$ 100 million in Nepal last year, the MoF
informed in a statement.
Mentioning that green energy, job creation and economic
participation are the priorities of IFC, Fakhoury said that he and his team would
play an important role in expanding investment in Nepal.
On that occasion, DPM Paudel said that more investment is
necessary for the improvement of Nepal's economy and requested to expand
investment in the areas of Nepal's priority and need.
Published in The Rising Nepal daily on 11 September 2024.
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