Government decides to accept Rs 14.38 billion soft loan from ADB

Summary

The Nepalese government has decided to accept a Rs 14.38 billion soft loan from the Asian Development Bank aimed at improving public finance management and fiscal transfer.

Key Points
  • Government decided to accept a Rs 14.38 billion soft loan from the Asian Development Bank.
  • The loan is intended for public finance management and fiscal transfer.
  • The Cabinet approved handing over land and a building to Ramkumar Sharad Uma Prasad Murarka Provincial Hospital in Siraha district.
  • A delegation will be formed to attend the Nepal-India Joint Agriculture Taskforce meeting in Kathmandu from December 27 to 29.
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