Govt to receive World Bank concessional loan

KATHMANDU, JULY 7: The government has decided to receive the concessional loan of 59.6 million SDR to be provided by the World Bank for the governance of the drinking water sector and infrastructure assistance. According to Minister for Communications and Information Technology, Gyanendra Bahadur Karki, the Cabinet meeting held on Tuesday (July 5),  Similarly, in a bid to promote modern and climate-friendly clean energy and to reduce greenhouse gas emissions, the government decided to accept the grant assistance of US $ 21 million.

The Cabinet also decided to accept the US $ 8 billion to be provided by the Korean Republic for the establishment of the cyber bureau of the Nepal Police. Likewise, the economic and financial assistance of Euro 4.5 million to be provided by the EU would be received for the promotion of green and renewal energy. The government also decided to withdraw Nepal Citizenship Act, 2063.

RSS