Cabinet meeting: ADB’s $150 million aid approved

File image: Office of the Prime Minister and Council of Ministers

Kathmandu, November 22

The government on Wednesday accepted the assistance offer proposed by the Asian Development Bank for urban development and modernisation in the country.

As per a Cabinet decision made today, the ADB will provide USD 1 million for the project. Earlier, the government had made a request to the ADB in this regard.

Meanwhile, the Cabinet did not make any other decision regarding regular administrative affairs, informs Minister for Finance Gyanendra Bahadur Karki.


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