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Nepal Takes AIIB Vice-Chair Role as Lender Eyes $20B Target

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Compiled by Tiroom AI from 16 sources
AI Overview

Nepal has assumed a vice-chair position at the Asian Infrastructure Investment Bank during its annual meeting in Doha, where Finance Minister Swarnim Wagle pressed for concessional loans and flood-reconstruction funding.

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Nepal's Finance Minister Swarnim Wagle hands a traditional metal statue to an AIIB official during the bank's annual meeting.
Artha Sansar

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  1. AI Overview

    Nepal has been selected as a vice-chair of the Asian Infrastructure Investment Bank (AIIB) during the multilateral lender's 11th annual meeting of the Board of Governors in Doha, Qatar. Finance Minister Dr. Swarnim Wagle formally assumed the post on behalf of the country, while urging the institution to scale up concessional financing and assist in post-disaster rebuilding.

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