World Bank Extends Rs. 13.33 Billion Concessional Loan to Nepal Government

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World Bank Extends Rs. 13.33 Billion Concessional Loan to Nepal Government

Nepal's government decided to get a special loan of Rs. 13.33 billion from the World Bank to help with different projects. They made this decision dur

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Nepal’s government decided to get a special loan of Rs. 13.33 billion from the World Bank to help with different projects. They made this decision during a meeting last Wednesday. Around $100 million loan is for developmental initiatives assisting Nepal to grow. 

They told everyone about this decision during a news conference by the Ministry of Communications and Information Technology on May 3. They also said the government said yes to Attorney General Dr. Dinmani Pokharel and Deputy Attorney General Sanjeev Raj Regmi to go to a meeting in New Delhi on May 7.

Also, Minister Rekha Sharma said that the government agreed for Chief Election Commissioner Dinesh Kumar Thapaliya to go to India from May 4 to 9 to watch elections there. The government wants to change the design of the Rs. 100 note. They’ll replace the old map of Nepal with a new one.

Minister Sharma said they approved a plan for Nepal’s Supreme Court and India’s Supreme Court to work together better. They also okayed a plan for Nepal’s Ministry of Foreign Affairs to work closer with Spain.

They also picked a new person, Shrawan Kumar Gautam, to lead the Problematic Cooperatives Management Committee. They also canceled the National Information and Technology Development Committee (Formation) Order from 2058 BS. And they moved some secretaries around to make things work better.

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