Faris Hadad-Zervos

The World Bank’s Board of Executive Directors has approved two separate additional financing of $50 million each for Nepal.

The World Bank officials have handed over a total of 982 oxygen concentrators with the capacity of 10 litres each to the Government of Nepal.

The World Bank’s Board of Executive Directors today approved $60 million to improve the quality of Nepal’s higher education

After contracting for the first time in 40 years in fiscal year 2020, Nepal’s economy is projected to grow by 2.7 percent in fiscal 2021.

The Government of Nepal and World Bank signed an agreement on April 2 for additional financing of $75 million to support access to safe and effective COVID-19 vaccines for Nepal’s prioritised populations.