Govt decides to accept 60 million US dollar loan assistance « Khabarhub
Thursday, June 13th, 2024

Govt decides to accept 60 million US dollar loan assistance


26 July 2021  

Time taken to read : 3 Minute


  • A
  • A
  • A

KATHMANDU: The government has decided to accept 60 million US dollars in loan assistance through International Development Association of the World Bank Group.

Sharing the decisions of the Council of Ministers meeting held at the Office of the Prime Minister and Council of Ministers at Singha Durbar Monday, government Spokesperson and Minister for Law, Justice and Parliamentary Affairs, Gyanendra Bahadur Karki, said that the meeting decided to accept the loan assistance in order to run different projects.

Similarly, the government decided to approve National Debt (Fifth Amendment) Regulations-2021 and Bond Priorities and Secondary Market (Third Amendment) Regulation-2021. Likewise, the decision has been made to accept the tender bidding on the basis of application of the consultants, service providers, construction entrepreneurs and suppliers in case the assigned tasks were not completed in the given deadline after the order of prohibitory order issued from the Chief District Officers in different districts to control the second wave of COVID-19.

Furthermore, it has been decided to extend the tenure of the agreement by six months without any additional cost to the government analyzing the need and justification of the extension.

The government also decided to bear quarantine expenses of those Nepali citizens returning through ‘Deportation Centre’, released from jail and who have run out of money. The Ministry of Labour, Employment and Social Security would make the necessary arrangement while the Finance Ministry would allocate necessary budget for the same, added Spokesperson Karki.

Similarly, the cabinet took the decision to run quarantine facilities at suitable locations in days ahead. Minister Karki further said that the government decided to approve the temporary positions for 35 gazetted employees at the central office and 21 at provincial offices of the Truth and Reconciliation Commission and 23 for the Commission for Investigation on Enforced Disappeared Persons for fiscal year 2021/22, which would be automatically scrapped with the termination of the Commission. RSS

Publish Date : 26 July 2021 21:51 PM

Taplejung floods: Bridges and roads washed away

TAPLEJUNG: Nepal’s eastern region has been witnessesing heavy rainfall as

Engineer of Lumbini Development Trust sentenced to six years for corruption

KATHMANDU: Saroj Bhattarai, an engineer with the Lumbini Development Trust,

Is Nepal grappling with highest electricity consumption?

KATHMANDU: As temperatures soar, Nepal is grappling with its highest

Clutch West Indies secure Group C progression as Kiwis’ T20 World Cup hopes hang by a thread

KATHMANDU: Sherfane Rutherford helps the West Indies secure a spot

Landslide sweeps away three houses in Sankhuwasabha

SANKHUWASABHA: A landslide in Koktima village, located in Khandbari Municipality-11