Nepal receives foreign aid commitment of Rs 138 billion in 8 months

revenue collection public debt loan
Photo for representation only: Foreign aid

Kathmandu, March 26

The government of Nepal has received commitments for foreign aid amounting to over Rs 138.5 billion as of mid-March in the current fiscal year 2022/23.

According to the Ministry of Finance, Nepal received commitments for grants equivalent to Rs 24.56 billion while Rs 114 billion in foreign loans from different bilateral and multilateral development partners in the last eight months.

The government through its annual budget had set a target to receive foreign loans worth Rs 242.26 billion and foreign grants of Rs 44.46 billion in the eight months. Against the target, the commitment for foreign loans and grants stood at 47 per cent and 44.28 per cent, respectively.

The post Nepal receives foreign aid commitment of Rs 138 billion in 8 months appeared first on OnlineKhabar English News.



from OnlineKhabar English News https://ift.tt/A21RlVI
Nepal receives foreign aid commitment of Rs 138 billion in 8 months https://ift.tt/fzOxY1W

Comments

Post a Comment

Popular posts from this blog

6 fitness influencers from Nepal that you should follow on TikTok

Image
Photo by  Sven Mieke  on  Unsplash In a world that is increasingly prioritising health and well-being, the importance of fitness has taken centre stage. It is also leveraging technology and innovation to provide accessible and engaging fitness tips and experiences. On the other hand, fitness has also been a big hit across all social media platforms and many fitness influencers have emerged as powerful agents of change, motivating millions. There are many Nepali fitness influencers who have also harnessed the potential.  These influential individuals have motivated their followers to prioritise health and wellness through their social media accounts. With the reach and impact of social media platforms, they share their fitness journeys, experience and expertise, creating a global community of enthusiasts dedicated to leading healthier lives. Here are some Nepali fitness influencers on social media to follow: Tyson Moktan Photo Courtesy: Instagram/ Tyson Mokta...
Read more

Govt to classify taxis into 3 categories

Image
File photo The government is set to classify taxis available for domestic services into three categories. According to the draft of the Standards for Vehicles Used as Taxis, 2023 issued by the Departm e nt of Transport Management , the taxis will be classified as ordinary, deluxe and luxury based on their characteristics like size, accommodation capacity and available facilities. The Department has sought public submissions on the draft via its email or Facebook page by June 19. Ordinary taxies should be a minimum of 800 ccs or more. If it is an electric taxi, the minimum power-to-weight ratio should be 0.012. Such taxis should have a sound system for entertainment with speakers fitted in the front and rear. Deluxe taxis should be a minimum of 1,200 cc or more. If it is an electric taxi, the minimum power-to-weight ratio is set at 0.019. These taxis should have a sound system, at least a touchscreen display, automatic power windows, an air conditioner, and a reading lamp in the ...
Read more

1 murdered in Kathmandu during Indra Jatra celebrations

Image
Image for representation only Kathmandu, October 3 A teenager, observing Indra Jatra , has been murdered on Monday. Police said 17-year-old Shani Karki of Okhaldhunga was stabbed with a sharp object. SP Kumud Dhungel said Karki was stabbed in the chest. “He died during treatment,” said Dhungle. The reason for the attack is unknown but police have arrested two people on suspicion. An investigation is ongoing. The post 1 murdered in Kathmandu during Indra Jatra celebrations appeared first on OnlineKhabar English News . from OnlineKhabar English News https://ift.tt/U5i9XNG 1 murdered in Kathmandu during Indra Jatra celebrations https://ift.tt/97lz3DZ
Read more