Nepal Finance Minister Dr. Swarnim Wagle to Hold High-Level Economic Talks in Washington
Nepal’s Finance Minister Dr. Swarnim Wagle is scheduled to meet US Treasury Secretary Scott Bessent and World Bank President Ajay Banga on Monday. The high-profile meetings will focus on strengthening bilateral economic ties, securing flood reconstruction funding, and advancing Nepal's FATF grey list exit strategy.
Nepal's Finance Minister Dr. Swarnim Wagle, currently on an official visit to the United States, is set to engage in high-level economic diplomacy on Monday with scheduled meetings alongside US Treasury Secretary Scott Bessent and World Bank Group President Ajay Banga.
According to the Finance Minister’s Secretariat, the talks aim to deepen Nepal’s strategic economic partnerships and secure expanded multilateral support. Key items on the agenda include:
- FATF Grey List Exit: Reviewing Nepal’s legal and structural reforms aimed at exiting the Financial Action Task Force (FATF) grey list.
- Flood Infrastructure Recovery: Seeking dedicated financial assistance for the reconstruction of physical and economic infrastructure severely damaged by recent flooding in the Bhotekoshi region.
- Bilateral Reforms & Growth: Expanding direct financial cooperation and driving broader macro-economic reform initiatives in Nepal.
During his US itinerary, Dr. Wagle is also slated to consult with senior executives from the US International Development Finance Corporation (DFC) and engage with leading institutional private-sector investors to spur foreign direct investment.