WB agrees to provide Rs 11 billion to Nepal
Kathmandu–The World Bank (WB) has reestablished its help to the Government of Nepal to reinforce the nation's endeavors towards monetary federalism and improving open money related administration. The help is reported under the Second Programmatic Fiscal and Public Financial Management Development Policy Credit Project. The $100 million (proportional to Rs 11 billion) venture is outfitted towards the achievement of change activities composed by the Ministry of Finance which was based on changes bolstered under the main Development Policy Credit venture. The understanding was marked today at the Ministry of Finance and Lal Shanker Ghimire, Secretary at the Ministry of Finance and the World Bank Country Manager for Nepal, Faris H. Hadad-Zervos marked on the record for the benefit of separate sides. "We are grateful for the help of the World Bank and improvement accomplices in the continuous and dynamic procedure of federalism in Nepal," expressed Secretary Ghimir...
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