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ADB Approves $165 Million Loan for COVID-19 Vaccines in Nepal - Nepal


ADB Approves $165 Million Loan for COVID-19 Vaccines in Nepal
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MANILA, PHILIPPINES (22 July 2021) The Asian Development Bank (ADB) today approved a loan of $165 million for the Government of Nepal to purchase safe and effective vaccines against the coronavirus disease (COVID-19).
The project will support the National Deployment and Vaccination Plan in Nepal by procuring an estimated 15.9 million doses of COVID-19 vaccines, which will benefit about 6.8 million Nepalese.
“ADB’s support will help the Government of Nepal procure much-needed COVID-19 vaccines to protect its citizens from the further spread of this disease,” said ADB President Masatsugu Asakawa. “It is essential that COVID-19 vaccines are quickly purchased and administered to help get the economy back on track by enabling the restoration of livelihoods and economic activities, as well as the resumption of educational and human development pursuits.” ....

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ADB Appoints New Country Director for Nepal


ADB Appoints New Country Director for Nepal
News Release | 6 July 2021
KATHMANDU, NEPAL (6 July 2021)
The Asian Development Bank (ADB) has appointed Arnaud Cauchois as new Country Director for Nepal.
As country director, Mr. Cauchois will lead ADB operations in the country and policy dialogue with the government of Nepal and other development partners. He will oversee the implementation of ADB’s country partnership strategy for Nepal that focuses on the country’s long-term development needs through improved infrastructure for private sector-led growth, improved access to devolved services, and environmental sustainability and resilience.
“ADB has been a long-term development partner of Nepal. I look forward to building on the strong partnership and working closely with the government, development partners, and other stakeholders in supporting Nepal’s development agenda and poverty reduction efforts,” said Mr. Cauchois.  “My immediate priority wil ....

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