Nepal signs USD 140mn concessional loan pact with World Bank

Aug 30, 2022

Kathmandu [Nepal], August 30 : Nepal government and the World Bank have signed a concessional financing agreement for USD 100 million (equivalent to Rs...

Undeclared blockade by China causing losses to Nepali traders

Mar 16, 2022

Kathmandu [Nepal], March 16 : While the world has been in throes of the pandemic, traders in Nepal have had a rough deal at...

India largest source of foreign direct investment in Nepal, contributes to economic growth

Apr 29, 2024

However, there's a notable gap between approved FDI and actual net FDI inflows in Nepal, as revealed by the latest report unveiled by Nepal...

UNDP, World Bank sign deal for USD 20mn to support Afghanistan

Jul 16, 2022

Kabul [Afghanistan], July 16 : The United Nations Development Progamme (UNDP) has signed a USD 20 million partnership agreement with the World Bank to...

Nepal to receive 4 mn doses of Moderna vaccines through COVAX

Aug 14, 2021

Kathmandu [Nepal], August 14 : Nepal is set to receive nearly four million doses of coronavirus Moderna vaccines, financed by the World Bank, through...

Nepal gets USD 120 million World Bank loan to enhance education sector

Mar 25, 2023

The World Bank has approved USD 120 million in financing to support the implementation of the government of Nepal's school education sector program.