Saturday, October 3rd, 2026

ADB agrees to provide Rs 19.58 billion in grant to purchase anti-COVID vaccine



KATHMANDU: Nepal government and the Asian Development Bank (ADB) have reached an agreement, according to which, ADB is to provide Rs 19.58 billion concessional loans to Nepal to buy anti-COVID vaccines.

ADB country representative Arnaud Cauchois and Finance Secretary Madhu Kumar Marasini signed the agreement amidst a function organized at Finance Ministry on Wednesday.

It is hoped the assistance would be utilized to buy 15 million doses of anti-COVID vaccines to materialize the national vaccination drive. As many as 6.8 million people would be benefitted from the vaccination as a result of the support.

On the occasion, Secretary Marasini viewed that that ADB assistance would be a milestone to ensure vaccines and thereby safety to the Nepalis so that the country economy could be restored. Vaccination is the top priority of the government, he added.

Similarly, ADB country director Cauchois expressed the belief that the ADB assistance to Nepal in such need would help Nepalis save lives and restore and economic and social activities. Such help to Nepal would continue in the days ahead, he assured. RSS

Publish Date : 11 August 2021 22:50 PM

Today’s News in a Nutshell

KATHMANDU: Khabarhub brings you a glimpse of major developments of

One killed, five injured in tipper collision in Siraha

SIRAHA: One person was killed and five others injured when

NA holds 52 meetings during current session

KATHMANDU: The 21st session of the National Assembly (NA) concluded

Parsa resident wins Rs one million under taxpayer incentive scheme

KATHMANDU: Lalbabu Sah Kanu of Parsa has won a Rs

HoR forwards seven Bills to related committees for thorough deliberation

KATHMANDU: Minister for Law, Justice and Parliamentary Affairs Sobita Gautam