ADB President Masato Kanda met Prime Minister Balendra Shah on 7 July 2026 as the Manila-based bank and Nepal marked 60 years of partnership. ADB signed $165 million in loans: $115 million for water and sanitation and $50 million for trade facilitation. The bank plans $2.4 billion support for Nepal through 2029, focusing on jobs, private sector, and infrastructure. Kanda toured ADB-supported energy and education projects.