News dalla rete ITA

22 Novembre 2018

Nepal

ASIAN DEVELOPMENT BANK HAS AGREED TO PROVIDE 302 MILLION EUROS LOAN TO NEPAL

According to the press, The Asian Development Bank has agreed to provide 302 million euros loan to Nepal as development assistance for two projects. According to the analysts, one of these two projects consists of 158 million euros for South Asia Sub-Regional Economic Cooperation (SASEC) Highway Improvement Project and the other project consists of 144 million euros for Disaster Resilience of School project. According to the economists, the completion of this project will contribute for improving the competitiveness of Nepal’s exporting industries by enhancing the efficiency of the transport system, strengthening national and regional connectivity and improving the safety of the road network and will eventually promote economic growth. (ICE NEW DELHI)


Fonte notizia: The Himalayan Times