Nepal Government Approves $185 Million in Concessional Loans for Development Projects
Summary
The Nepal government has approved concessional loans totaling approximately $185 million for development projects, including $90 million for the Digital Nepal Transformation Project and $95 million for the Sustainable and Inclusive Finance Project.
Key Points
- Nepal government approved concessional loans worth about 28 billion rupees.
- $40 million loan accepted from the Asian Development Bank for the Digital Nepal Transformation Project.
- $50 million loan accepted from the World Bank for the Digital Nepal Transformation Project.
- $95 million concessional loan accepted for the Sustainable and Inclusive Finance Project.
