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 hospitals suspend OPD services after doctor attack Nepal doctor airlifted after hospital attack sparks protests Sunsari parties urge calm after fatal clash unrest Sunsari District imposes indefinite curfew across multiple areas Finance minister urges diaspora investment to boost economic growth Nabil bank wins Nepal’s best commercial bank award Top Headlines Monsoon is predictable and Nepal’s disaster response should be too1 Before the Ballots: How Oli Lost the Political Narrative2 Balen’s Silence Has Invited Curiosity, Confusion, and Concerns3 Nepal “a Buffer State”: Rethinking foreign policy in relative terms4 Nepal’s Political Renaissance: The rise of the RSP, the re-ordering of the old political order and the political path forward5 Promotion Linked to Future Military Leadership: Major General Magar Could Become Army Chief6 Jagdamba Group Chairman Shankar Agrawal Arrested7 Nepali Congress provides financial assistance for Samba’s treatment8 TRENDING The Role of the Nepalese Army in Strategic Road Projects A phone call that paved the way for RAW Chief’s visit to Nepal National Poet Madhav Prasad Ghimire no more Impact of Social Media on Nepalese Society Public Relations for a Soldier Nepal Army initiates investigation into case of financial irregularities by Lieutenant Colonel Janmat Karki Nepal Army’s mission in Lebanon provides Covid support kits to local municipalities Army Day : Five facts about Nepal’s ‘blue helmets’ in UN-peacekeeping missions