गृहपृष्ठ ∕ Nepal ∕ New Finance Minister Paudel signs first decision to accept $200 million loan from World Bank Nepal New Finance Minister Paudel signs first decision to accept $200 million loan from World Bank Paudel assumes office from today after being sworn in as Finance Minister KathmanduPati October 15, 2020 KATHMANDU : Newly appointed Minister for Finance Bishnu Prasad Paudel has announced that the government will borrow $200 million from the Word Bank. After taking the oath of office and secrecy today, Finance Minister Paudel assumed his role and signed a decision to accept a loan of $200 million (nearly Rs 25 billion) from the World Bank. Finance Minister Paudel said that the loans from the World Bank will be utilized to combat the coronavirus crisis. Earlier on Wednesday, Prime Minister KP Sharma Oli had appointed Paudel as the new Finance Minister in a cabinet reshuffle. Two other new ministers were also inducted in the Oli-led cabinet. Write your comments RELATED NEWS Nepal PM Balen Shah urges unity and hope amid Dashain… Nepal PM Balen Shah expected to visit India in Mid-November Climate change could displace 40.5 million South Asians by 2050 PM Shah expresses commitment to making police organization capable Flood relief funds reach Rs 17.54 billion Landslide suspected as cause of deadly Budhi Gandaki flood Top Headlines Monsoon is predictable and Nepal’s disaster response should be too1 Nepal “a Buffer State”: Rethinking foreign policy in relative terms2 Promotion Linked to Future Military Leadership: Major General Magar Could Become Army Chief3 When the State Pulls the Trigger, Who Answers ?4 Before the Ballots: How Oli Lost the Political Narrative5 PM Shah pledges Krishnabhir highway reopening within month6 Nepal’s Political Renaissance: The rise of the RSP, the re-ordering of the old political order and the political path forward7 Balen’s Silence Has Invited Curiosity, Confusion, and Concerns8 TRENDING NCP Secretariat meeting postponed for tomorrow Central African Republic votes in polls marred by violence Attract women’s votes to become PM: Deuba More than 600 PWDs receive ID card Yeti Airlines makes maiden flight to Simara New Finance Minister Paudel signs first decision to accept $200 million loan from World Bank President to observe Nepal Army parade at Tundikhel Youth dies of electric shock in Kanchanpur
