Stories Tagged 'Asian development bank'
The Asian Development Bank (ADB) has remained Nepal’s key development partner since 1966. Over these years, the Manila-based multilateral lending institution has provided assistance totalling $5.25 billion. The ADB’s current portfolio in Nepal consists of 35 projects.
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Asian Development Bank (ADB) Vice-President Wencai Zhang met with Prime Minister of K P Sharma Oli during a two-day visit to Neplal.
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A breakthrough ceremony was organised on Thursday to mark the completion of the excavation of the longest tunnel in Nepal.
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The Asian Development Bank (ADB) has made an upward revision of Nepal’s economic growth forecast for the current fiscal year beginning mid-July by 0.2 percent to 4.9 percent, attributing it to a better-than-expected paddy harvest despite the August floods.
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The Asian Development Bank (ADB) has forecasted 5.5 per cent of Gross Domestic Product (GDP) growth in Nepal in the coming fiscal year 2018/19.
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The much-delayed international airport project in Bhairahawa has achieved a measly 10 percent physical progress in 2017, and if it continues at the same rate, it would take another 8 years to finish, the project financer Asian Development Bank (ADB) said on Friday.
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