Nepal, World Bank explore earthquake catastrophe bond
Nepal has partnered with the World Bank (WB) to explore the issuance of a catastrophe bond that could strengthen the country’s financial preparedness for major earthquakes.
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FinMin Dr Wagle urges ADB to support Nepal’s post-disaster recovery
Wagle, who is in Bangkok, Thailand, to attend the annual meetings of the World Bank and the International Monetary Fund, made the request during a meeting with ADB President Masato Kanda.
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