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Nepal has been grappling with a longstanding issue that has held back its development - the lack of effective implementation of development projects. Despite the country receiving assistance from the international community including multilateral development partners such as the World Bank (WB) and the Asian Development Bank (ADB), Nepal has struggled to make satisfactory capital expenditure and meet its growth targets. ....
KATHMANDU, April 6: Donors and development partners have expressed their serious concern over the government’s inability to spend the funds allocated for development projects. ....
KATHMANDU, April 5: Representatives of Nepal's two major development partners - the Asian Development Bank (ADB) and the World Bank (WB) - have called on Finance Minister Dr Prakash Sharan Mahat and discussed relevant affairs. ....