During the meeting held at the IMF Headquarters in Washington DC yesterday,
finance minister Shanker Prasad Koirala asked deputy director general of IMF Nayoki
Sinohara to establish the resident office of IMF in Kathmandu.
He also hailed the IMF’s role in strengthening Nepal’s economy.
However, Nepali economy is bearing the burnt of strong dollar and
weaking rupee that has made Nepali economy expensive, he added
Sinohara, on the occasion, promised technical support from the
IMF.
Finance secretary Shanta
Raj Subedi, Nepali ambassador to the US Dr Shanker Sharma, chief of foreign aid
coordination division at the Ministry of Finance Madhu Kumar Marasini and Nepal
Rastra Bank deputy governor Gopal Kafley are also in the Washington DC to take
part in the annual meetings of the Boards of Governors of the World Bank Group and the International Monetary
Fund.
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