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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 billion) for Green, Resilient, and Inclusive Development (GRID). The proposed budgetary support aims to support improvements in the enabling environment in Nepal toward a green, climate-resilient, and inclusive development. This

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

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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

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World Bank to support Rs 5 billion for decreasing carbon…

KATHMANDU: The Government of Nepal signed a landmark agreement with the World Bank’s Forest Carbon Partnership Facility (FCPF), under which

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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.

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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