Kathmandu: Nepal signed a concessional loan agreement of $140 million with world Bank (WB) on Tuesday.
A concessional loan is a debt instrument where terms more favorable to the borrower than the market are agreed upon.
Nepal Cabinet According to Gyanendra Bahadur, in the meeting held on Tuesday, it was decided to approve a concessional loan of $ 140 million. karkiGovernment Spokesperson and Minister of Information and Communications.
The loan will be obtained from the International Development Association of the World Bank Group Digital Nepal Acceleration ProjectKarki said.
A concessional loan is a debt instrument where terms more favorable to the borrower than the market are agreed upon.
Nepal Cabinet According to Gyanendra Bahadur, in the meeting held on Tuesday, it was decided to approve a concessional loan of $ 140 million. karkiGovernment Spokesperson and Minister of Information and Communications.
The loan will be obtained from the International Development Association of the World Bank Group Digital Nepal Acceleration ProjectKarki said.