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 reassures India over border remarks but domestic political fallout… No parking fees required for ‘pick and drop’ for 15… ‘Promotion of Ayurveda, Yoga and meditation along with modern medicine… Government initiates revising school level national curriculum framework 16 percent of children are malnourished in Madhesh RSP delegation holds talks with BJP leadership Top Headlines Before the Ballots: How Oli Lost the Political Narrative1 Nepal “a Buffer State”: Rethinking foreign policy in relative terms2 Balen’s Silence Has Invited Curiosity, Confusion, and Concerns3 We will return the savings of cooperative victims within 100 days : Rabi Lamichhane4 Jagdamba Group Chairman Shankar Agrawal Arrested5 Two Offices Under Ministry of Communication to Be Abolished6 Court Orders Release of UML Rekha Sharma7 Nepali Congress provides financial assistance for Samba’s treatment8 TRENDING Chair Dahal sees need of proving Ayodhyapuri matter New Finance Minister Paudel signs first decision to accept $200 million loan from World Bank Dr Sagar Raj Bhandari of Teku Hospital receives first jab as Covid vaccination kicks off Youth dies of electric shock in Kanchanpur Pressure-cooker bomb blast in Lahan leaves a half dozen injured Nepal calls upon Israel and Palestine for maximum restraint 2 Afghan military helicopters collide, 9 soldiers killed PM Oli positive toward demands of Janata Samajwadi Party