ADB’s investment in Nepal by 2022 is 4 trillion 20 billion NRs

  • नेपाल राष्ट्रिय दैनिक
  • April 22, 2023

April 22- Kathmandu – The Asian Development Bank (ADB) has announced that by 2022, about 4 trillion 20 billion NRS has been invested in Nepal’s energy, transportation, agriculture, drinking water, urban infrastructure, service sector, rural development, and natural resources, health, and education by ADB.

ADB Director General Kenichi Yokoyama has said that the Asian Development Bank has been investing a large amount in various projects in Nepal, but the problems of the Asian Development Bank’s project implementation should be actively addressed and special attention should be paid to that matter.

In a two-day discussion organized to provide information on the field and performance of projects in Nepal (Country Portfolio), Minister of Finance Prakash Sharan Mahat said that the government is committed to improving the capital expenditure to address the challenges of Asian Development Bank project implementation and delivery and to address the people’s desire for development.Projects such as Urban Water Supply and Sanitation Project, Bagmati River Basin Improvement, Rural Enterprise Finance Project and Power Transmission and Distribution Efficiency Enhancement Project were awarded in the program which were supported by ADB.

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