Kathmandu, August 3
The government on Thursday appointed economist Swarnim Wagle to the position of National Planning Commission Vice-Chairman.
A Cabinet meeting held this morning made the decision.
The post was vacant since early this week when incumbent VC Min Bahadur Shrestha resigned from his position.
Wagle has served as the member of national planning body for two terms under the leadership of Shrestha and Govinda Raj Pokharel, the current Chief Executive of National Reconstruction Authority.
Before joining the NPC as member, Wagle had worked for the World Bank headquarters in Washington, DC and the United Nations Development Programme.
Meanwhile, the Cabinet decided to accept the grant assistance of Rs 51.38 billion from the Millennium Challenge Corporation of the United States government.
Government spokesperson and Minister for Information and Communications Mohan Bahadur Basnet says the grant would be invested in road transportation and electricity transmission within next five years.