APRACA meet to be held in Nepal from Oct 14

BY A STAFF REPORTER

Kathmandu, Oct 4 The 44th meeting of the executive committee of the Asia Pacific Rural and Agriculture Credit Association (APRACA) is going to be held here from October 14 -17 this year.

The APRACA meeting will take place in Kathmandu and Pokhara, informed Krishna Pradhan, director of Development Finance Department at Nepal Rastra Bank (NRB) at a press meet here today.

The meeting takes place three times in every two year. And NRB had hosted APRACA meeting in 1993. The APRACA established in 1977 with the initiation of some countries in the Asia Pacific region has now 52 members.

Nepal one of the founder members of the association has been actively participating since its inception. Nepal had chaired it for the period of two years in 1986-1988. The then NRB governor Ganesh Bahadur Thapa was the chairman of association.

NRB, Nepal Bank Ltd. Rastriya Banjya Bank, Agriculture Development Bank are the members of the the association.

During a four-day meeting various issues related to the regional economy will be discussed and various decisions made during the 43rd meeting will be given final shape according to Pradhan. The meeting will also discuss on training and research programmes and prepare a blue- print for the golden jubilee next programme.

The meeting will also discuss the structure of the APRACA executive body.

Besides, a talk programme on Rural Investment in Nepal: Problem and Challenges will also be held at the initiation of NRB. Following the meeting there will be programme for APRACA participants to visit rural development banks in Nepal.

Various programmes related to agriculture, rural credit, training and study programmes in the Asia Pacific are being conducted through APRACA.

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