Identifier
Created
Classification
Origin
09KATHMANDU344
2009-04-29 09:11:00
UNCLASSIFIED//FOR OFFICIAL USE ONLY
Embassy Kathmandu
Cable title:
NEPAL SUPPORTS ASIAN DEVELOPMENT BANK GENERAL
how-toVZCZCXRO1868 PP RUEHCI DE RUEHKT #0344 1190911 ZNR UUUUU ZZH P 290911Z APR 09 FM AMEMBASSY KATHMANDU TO RUEHC/SECSTATE WASHDC PRIORITY 0093 INFO RUEHBJ/AMEMBASSY BEIJING 6927 RUEHLM/AMEMBASSY COLOMBO 7244 RUEHKA/AMEMBASSY DHAKA 2566 RUEHIL/AMEMBASSY ISLAMABAD 5288 RUEHLO/AMEMBASSY LONDON 6435 RUEHNE/AMEMBASSY NEW DELHI 2995 RUEHCI/AMCONSUL KOLKATA 4577 RUEATRS/DEPT OF TREASURY WASHINGTON DC RHMFIUU/CDR USPACOM HONOLULU HI RUEAIIA/CIA WASHDC RHEFDIA/DIA WASHDC RHEHNSC/NSC WASHDC RUEKJCS/SECDEF WASHDC RUCNDT/USMISSION USUN NEW YORK 3496
UNCLAS KATHMANDU 000344
SENSITIVE
SIPDIS
DEPT FOR EAP/EP:KATHY HADDA, EEB/IFD/ODF:RACHEL LEATHAM AND
MARGUERITE SIEMER, AND SCA/INS
E.O. 12958: N/A
TAGS: PREL PGOV ETRD ECON EAID ADB NP
SUBJECT: NEPAL SUPPORTS ASIAN DEVELOPMENT BANK GENERAL
CAPITAL INCREASE
REF: STATE 41663
UNCLAS KATHMANDU 000344
SENSITIVE
SIPDIS
DEPT FOR EAP/EP:KATHY HADDA, EEB/IFD/ODF:RACHEL LEATHAM AND
MARGUERITE SIEMER, AND SCA/INS
E.O. 12958: N/A
TAGS: PREL PGOV ETRD ECON EAID ADB NP
SUBJECT: NEPAL SUPPORTS ASIAN DEVELOPMENT BANK GENERAL
CAPITAL INCREASE
REF: STATE 41663
1. (SBU) The Government of Nepal supports the proposed 200
percent general capital increase for the Asian Development
Bank (ADB). On April 29, Mani Bhattarai, Section Officer for
UN and International Organizations at the Ministry of Foreign
Affairs, told Emboff that he had consulted with the Ministry
of Finance to confirm its position. Emboff had earlier met
with Bhattarai to convey U.S. support for the ADB general
capital increase paired with reforms as requested in reftel.
Bhattarai asked what portion of the estimated $100 billion
total capitalization increase the United States expected to
contribute. Emboff responded that U.S. contributions would
be contingent on Congressional approval but did not state a
specific amount.
2. (SBU) Emboffs also discussed the ADB capital increase
with Deependra Bahadur Kshetry, Governor of Nepal Rastra
Bank, on April 27. Kshetry noted that Nepal, as an ADB
beneficiary, would continue to appreciate the Bank as a
valuable resource in the weak global economy regardless of
the actual increase approved.
POWELL
SENSITIVE
SIPDIS
DEPT FOR EAP/EP:KATHY HADDA, EEB/IFD/ODF:RACHEL LEATHAM AND
MARGUERITE SIEMER, AND SCA/INS
E.O. 12958: N/A
TAGS: PREL PGOV ETRD ECON EAID ADB NP
SUBJECT: NEPAL SUPPORTS ASIAN DEVELOPMENT BANK GENERAL
CAPITAL INCREASE
REF: STATE 41663
1. (SBU) The Government of Nepal supports the proposed 200
percent general capital increase for the Asian Development
Bank (ADB). On April 29, Mani Bhattarai, Section Officer for
UN and International Organizations at the Ministry of Foreign
Affairs, told Emboff that he had consulted with the Ministry
of Finance to confirm its position. Emboff had earlier met
with Bhattarai to convey U.S. support for the ADB general
capital increase paired with reforms as requested in reftel.
Bhattarai asked what portion of the estimated $100 billion
total capitalization increase the United States expected to
contribute. Emboff responded that U.S. contributions would
be contingent on Congressional approval but did not state a
specific amount.
2. (SBU) Emboffs also discussed the ADB capital increase
with Deependra Bahadur Kshetry, Governor of Nepal Rastra
Bank, on April 27. Kshetry noted that Nepal, as an ADB
beneficiary, would continue to appreciate the Bank as a
valuable resource in the weak global economy regardless of
the actual increase approved.
POWELL