WB and USAID providing around 100 billion aid to Nepal
24 Jan 2025
KATHMANDU: The country is receiving around Rs 100 billion in international assistance at a time when the foreign currency reserve is under stress.
The World Bank Group, International Development Association (IDA) is providing Rs 18 billion as concessional loan and the United States Agency for International Development (USAID) Rs 79.71 billion in grant.
The meeting of the Council of Ministers on April 13 decided to accept the assistance and this is expected to ease the situation.
Informing about the decisions of the meeting, Minister for Communications and Information Technology, Gyanendra Baha...
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