SFD provides Rs 3.33 billion soft-loan to Nepal « Khabarhub
Friday, June 14th, 2024

SFD provides Rs 3.33 billion soft-loan to Nepal

11 October 2019  

Time taken to read : < 1 Minute

  • A
  • A
  • A

KATHMANDU: The Saudi Fund for Development (SFD) has provided a concessional loan of Rs 3.33 billion (112.5 million Saudi Riyal) to Nepal in a bid to support the “Program for Reconstruction of Houses, Health and Educational Facilities in Earthquake Affected Areas.”

Finance secretary Dr Rajan Khanal and SFD Vice-Chairperson Dr Khaled Bin Sulaiman signed the financing agreement on Friday in the Ministry of Finance in the presence of Finance Minister Dr Yuba Raj Khatiwada.

Dr Sulaiman, also the Managing Director of SFD, said it was SFD’s expressed his happiness at SFD’s endeavors to support the reconstruction campaign launched by the Nepal government.

Finance secretary Dr Khanal also expressed gratitude to the SFD for support in the humanitarian sector.

Publish Date : 11 October 2019 20:50 PM

Today’s national news in a nutshell

Khabarhub brings you a glimpse of major developments of the

Eight proposals to slash Appropriation Bill expenditure presented in HoR

KATHMANDU: Eight proposals aimed at reducing expenses in the Appropriation

Nepal reaffirms commitment to social justice, says President Paudel

KATHMANDU: President Ramchandra Paudel emphasized that Nepal’s constitution fully embraces

National ID Card mandatory for social security allowance

KATHMANDU: The government has decided to make the national identity

Nepal exports handicrafts worth Rs 3.26 billion in past 10 months

KATHMANDU: Over the past ten and a half months, Nepal