Bank to prioritize infrastructure, green energy, and private sector growth.
The World Bank has pledged its continued support for Nepal’s economic development despite ongoing political instability. In a recent meeting with Finance Ministry officials, the Bank highlighted key areas of cooperation, including infrastructure development, renewable energy expansion, and private sector growth.
World Bank representatives noted that sustainable reforms, especially in fiscal management and governance, will be essential to unlocking higher economic growth. They also emphasized the importance of social protection programs to support vulnerable communities impacted by rising costs and unemployment.
The Finance Ministry welcomed the commitment, stating that external partnerships remain vital to Nepal’s development efforts as the nation navigates both domestic challenges and global economic pressures.
