Fifth MFC Meeting Held

KATHMANDU: The 5th meeting of the Monitoring and Facilitation Committee (MFC) headed by IBN Vice Chair and the then Honorable Minister for Finance Dr. Yubaraj Khatiwada took place in IBN Office on 28 August. The meeting discussed various pertinent issues, including evaluation of feasibility studies of investment projects, implementation of Integrated National Agriculture Projects, necessary infrastructures to be developed for Hongshi-Shivam Cement Project and Huaxin Cement Narayani Project and others. On the occasion, Ms Mon Devi Shrestha, joint secretary (technical) of OIBN, who is a member secretary of the Committee, gave a presentation on the agenda.
Then IBN Vice Chair Dr. Khatiwada directed to concerned officials in taking necessary measures for removing the bottlenecks of the IBN-mandated projects. He said the relevant agencies need to work together to resolve key bottlenecks and move forward the projects despite difficult situation. OIBN CEO Mr. Sushil Bhatta stressed the need to maintain strong coordination among line agencies of the government to resolve the outstanding issues that emerge during project development and implementation. Secretaries and senior officials of relevant ministries and OIBN were also present at the meeting. ♦