Government to Accept Rs 12.7 Billion from World Bank   

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Government to Accept Rs 12.7 Billion from World Bank   

August 15: The government has decided to accept around Rs 12.7 billion ($100 million) development policy credit provided by the World Bank to improve the enabling environment for Nepal's green, climate-resilient and inclusive development pathway.    
Similarly, the cabinet meeting on August 11 decided to accept the grant of approximately Rs 2.1 billion (2,256 million Japanese yen) provided by the Government of Japan for the restoration of irrigation system in eastern Nepal, said the government's spokesperson Gyanendra Bahadur Karki, who is also the Minister for Communications and Information Technology

Speaking at a press conference organised on Sunday to make the decisions taken by the meeting public, Minister Karki said that the Council of Ministers also approved the new pay scale and grades under civil servants of all level as well as the Nepalese Army, Nepal Police, Armed Police Force, parliament service and teachers at community schools. The new pay scale has come into effect from 17 July, 2022.  -- RSS


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