Nepal's Finance Minister Yubaraj Khatiwada spoke at length about his conversation with Hartwig Schafer, World Bank’s vice-president for the South Asia Region.

The video conference focussed on Nepal’s needs to borrow more funds from the World Bank in the face of the loss of revenue for economic recovery, implementation of new programmes which include disaster management, capital expenditure for infrastructure projects and to prepare for a digital economy.

“Currently we have the largest portfolio of the World Bank that we can mobilise,” Khatiwada told the briefing. “They are related to health and economic recovery and infrastructure development. An assistance worth around Rs 100 billion meant for energy, tourism and some other sectors are also in the pipeline.”

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