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 Fire at Syuchatar perishes property worth Rs 1.5 million Expenditure exceeds income, but dev spending only at 23 per… Rhino census halted due to funding shortage Security beefed up in Kathmandu Valley for Holi festival Devotees throng Bhimsen Temple in Bhaktapur Low visibility causing domestic, international flight disruption at TIA Top Headlines Scrutinizing Relevance of Prithivi Narayan Shah´s Thoughts and Strategy1 Relevance of Prithivi Narayan Shah in Contemporary Nepal2 Photo exhibition at Nepal Army Headquarters3 NA team sets out on Gorakha-Kathmandu march to promote ‘unification route’4 Ncell is the FIRST Nepali Telecom Company to receive ISO 27001 and ISO 27701 certifications for information security and data privacy5 PM Oli, Sri Lankan’s former President meet6 PM Oli extends New Year greetings7 Gold price ups Rs 2,000 per tola8 TRENDING This time’s Teej, social distancing please! Govt Making Preparations to Reduce the Tenure of Armed Police Force’s IG to Three Years Kulman Ghising’s reappointment issue stirs conflict between Prime Minister Oli, Energy Minister Pun Green recovery: An urgency NC work execution committee meeting tomorrow US presidential candidate Biden picks Kamala Harris as running mate West Jajarkot locals demand law and order Indian RAW Chief Goel meets Prime Minister Oli after coming to Nepal from Bhutan