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Asian Development Bank Continues Its Assistance To Nepal

Issue 03, January 16, 2011


By KTM Metro Reporter

January 13, 2011: The Asian Development Bank (ADB) remains fully committed to continuing assistance to Nepal as the country makes the challenging post-conflict transition, said ADB Vice President of Operations Xiaoyu Zhao, the Chinese state-run news agency Xinhua reports.

Reaffirming the ADB's continued support for the poverty reduction and development efforts of Nepal, Vice President Zhao has also urged the government to stay focused on the country's reform and development agenda, while taking the peace and constitution drafting process forward.

Vice President Zhao said, "Given the more than doubling of ADB's assistance to Nepal in the past five years, ADB also seeks the government's support for strengthening the implementation of development projects with tangible development impacts in terms of poverty reduction and improved standard of living of the Nepali people."

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