POVERTY: ADB will continue to work with Nepal to reduce poverty

 29 October 2010
The Asian Development Bank (ADB) has said it will continue to work closely with the Government of Nepal and stakeholders in reducing poverty and promote inclusive growth for all Nepalis.
Such a commitment has come from the Bank's director general for South Asia department, Sultan H. Rahman, who completed his three-day official visit to Nepal.
According to a statement issued by Nepal Resident Mission (NRM) of the ADB, Rahman's commitment to assist Nepal is in line with its Country Partnership Strategy 2010 - 2012 for the country, which is anchored in the four strategic pillars of broad-based inclusive growth, social development, governance and capacity building and climate change.
"We will continue to focus on these core areas in our efforts to help alleviate poverty and uplift the standard of living of Nepalis, the majority of whom still have to make ends meet," said Rahman, who headed NRM from 2003-2006.
According to him, the ADB has been closely following the developments in Nepal with keen interest and appreciates the challenging and complex political transition the country is undergoing.
He further mentioned, "Nepal still faces formidable development challenges. It must transform the challenges into opportunities by consolidating the peace process and focusing on effective implementation of projects on the ground."
While in Nepal, Rahman met with Prime Minister Madhav Kumar Nepal, Deputy Prime Minister and Minister for Physical Planning and Works, Finance Minister, the governor and other senior Government officials, among others. nepalnews.com
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