Nepal and ADB sign agreement for over Rs 13 billion concessional loan

KATHMANDU, Nov 24: The Government of Nepal and the Asian Development Bank (ADB) signed an agreement for a concessional loan amounting to Rs 13.3 billion (USD 100 million) for the implementation of programmes of Public Finance Management and Strengthening Service Delivery.

An agreement to this was signed between Finance Secretary Krishna Hari Pushkar and Asian Development Bank Nepal's Regional Country Director Arnaud Cauchois at the Ministry of Finance today.