Cabinet decisions: Govt accepts $ 2 million in grant assistance from AIIB
Summary
The Nepal government accepts a $2 million grant from AIIB for Siddhartha Highway improvement and removes foreign investment ceilings in certain enterprises.
Key Points
- The government accepted a $2 million grant assistance from Asian Infrastructure Investment Bank for Siddhartha Highway improvement.
- Foreign investment ceiling removal under automatic route was approved for specific enterprises/businesses.
- Ministry of Agriculture and Livestock Development secretary to attend agroforestry conference in New Delhi.
- Government endorsed Foreign Minister's visit to Bangladesh and approved construction of public health lab office in Bhaktapur.
