Nepal, World Bank sign concessional loan agreements worth Rs 52.75 billion
25 Jan 2025
KATHMANDU: The World Bank (WB) has agreed to provide concessional loans of Rs 52.75 billion to Nepal.
Both parties signed concessional financing agreements for Rs 34.96 billion (USD 275 million) for the Accelerating Nepal’s Regional Transport and Trade Connectivity (ACCESS) Project and Rs 17.79 billion (USD 140 million) for the Digital Nepal Acceleration (DNA) Project.
The agreements were signed by Finance Secretary, Krishna Hari Pushkar, on behalf of the government, and the World Bank Country Director for Maldives, Nepal and Sri Lanka, Faris Hadad-Zervous in the presence of Finance Mini...
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