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Nepal Business News: Loans, Elections, Currency Update
Nepal Government Approves World Bank Loan for Development Projects Kathmandu, May 3: In a significant move to boost the country’s economy, the Nepal government has given the green light for a concessional loan of around Rs 13.33 billion from the World Bank. This decision was announced during a press conference held at the Ministry of […]
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Business | Finance | Economy
Investment Board Nepal Approves Rs99.18 Billion for Four Energy Projects
Investment Board Nepal (IBN) has given the green light to proposed investments totaling Rs99.18 billion for four significant energy projects, following a board meeting chaired by Prime Minister Pushpa Kamal Dahal. During the meeting, held on Thursday, estimated investments were approved as follows: Rs34.59 billion for the 166 megawatt Super Tamor Hydroelectric Project in Taplejung; […]
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