World Bank approves $450 million in loan   

Kathmandu, June 11: The World Bank on Wednesday approved a $450 million in loan to help Nepal. The amount would be used to improve Nepal’s roads and set the course for post-COVID-19 economic recovery through greater cross-border trade, more jobs, especially for women, and better road safety.

According to the World Bank, the Nepal Strategic Road Connectivity and Trade Improvement Project will enhance regional road connectivity by improving the Nagdhunga-Naubise-Mugling road and upgrading the Kamala-Dhalkebar-Pathlaiya road.