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Cabinet approves concessional loan of Rs 35 billion from World…

Kathmandu: The government has approved Rs 35 billion (275 million USD) concessional loan to be provided by the World Bank. The loan would be spent on the transportation and trade connectivity promotion programme. Minister for Communication and Information Technology Gyanendra Bahadur Karki said this today while sharing about the decisions

Nepal, WB sign Rs 12.7 billion Financing Agreement to Support…

The Government and the World Bank (WB) today signed a concessional financing agreement for $100 million (equivalent to Rs. 12.7

WB and USAID providing around Rs. 100 billion aid to…

KATHMANDU: The country is receiving around Rs 100 billion international assistance at a time when the foreign currency reserve is

World Bank
World Bank to provide Rs 18 billion to strengthen Nepal’s…

KATHMANDU: The World Bank is to provide Rs 18 billion under the Finance for Growth development policy credit to strengthen

World Bank
World Bank approves US$ 200 million for reconstruction

Kathmandu: The World Bank has approved an additional credit of US$ 200 million (NPR 22.82 billion approximately) for the implementation

World Banks projects average economic growth rate of 6.5

Kathmandu, Dec 12, 2019 : The World Bank has projected the economic growth of 6.5 percent for 2020 in Nepal.

World Bank
World Bank says growth in South Asia slows down

WASHINGTON, Oct 14 – In line with a global downward trend, growth in South Asia is projected to slow to 5.9 percent

World Bank: Nepal needs to increase investments in energy by…

Kathmandu, Sept 19: In line with the ambitious target of producing 15 gigawatts in 10 years and meeting the rising