A month after floods wrecked large areas in Nepal, its new government is intensifying efforts to support reconstruction.
Nepal’s Finance Minister Swarnim Wagle, an economist and former UNDP official, made his first visit abroad to Delhi to discuss plans with the government, and will soon travel to meetings of the Asian Infrastructure Investment Bank (AIIB), International Monetary Fund (IMF), and the World Bank to seek support for an estimated $5 billion recovery project.
In an exclusive interview with The Hindu, Mr. Wagle said the new Balen Shah government in Nepal wants a “reset” with India, and a revision of old trade and connectivity projects, including the push for long-delayed overflight rights for Nepal airports, and managing difficult issues, such as the border dispute, in a “constructive” manner.
A month after floods wrecked large areas in Nepal, its new government is intensifying efforts to support reconstruction. Nepal’s Finance Minister Swarnim Wagle, an economist and former UNDP official, made his first visit abroad to Delhi to discuss plans with the government, and will soon travel to meetings of the Asian Infrastructure Investment Bank (AIIB), International Monetary Fund (IMF), and the World Bank to seek support for an estimated $5 billion recovery project. In an exclusive interview with The Hindu, Mr. Wagle said the new Balen Shah government in Nepal wants a “reset” with India, and a revision of old trade and connectivity projects, including the push for long-delayed overflight rights for Nepal airports, and managing difficult issues, such as the border dispute, in a “constructive” manner.
