Tuesday Nov 5, 2024
Tuesday Nov 5, 2024

Government to accept Rs 12.7 billion DPC from World Bank


Nepalnews
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2022 Aug 14, 16:00,
The World Bank Logo (File Photo)

The government has decided to accept around Rs 12.7 billion ($100 million) development policy credit (DPC) provided by the World Bank to improve the enabling environment for Nepal's green, climate-resilient and inclusive development pathway.

Similarly, the Cabinet meeting on August 11 decided to accept the grant of approximately Rs 2.1 billion (2,256 million Japanese Yen) provided by the Government of Japan for the project of the restoration of irrigation system in the eastern part of the country, said the government's spokesperson Gyanendra Bahadur Karki, also Minister for Communications and Information Technology at a press conference organised here today to make public decisions taken by the meeting. 

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