Tag: Asian Development Bank

ADB agrees to provide Rs. 23.8 billion loan, and Norway provides...

The Asian Development Bank (ADB) has consented to provide concessional loan equivalent to US$ 200 million (About Rs. 23.88 billion) to the Nepal for the implementation of South Asia Sub-regional Economic Cooperation (SASEC) Power Transmission and Distribution System Strengthening Project.

ADB to provide $250 Million Loan to Nepal to combat COVID-19

The government and the Asian Development Bank signed on a loan agreement of a $250 million (equivalent to Rs. 30 billion) for the COVID-19 Active Response and Expenditure Support (CARES) Program to respond the impacts caused by COVID-19 today.

ADB study maps supply chains for key products in COVID-19 response

he Asian Development Bank (ADB) has released a study which maps supply chains for critical products in the global response to the novel coronavirus disease (COVID-19) pandemic, clearing the way for the identification and removal of blockages in their production and distribution.

ADB Approves $250 million support for Nepal’s COVID-19 Response

The Asian Development Bank (ADB) approved a $250 million concessional loan to help the government of Nepal fund its response to the novel coronavirus disease (COVID-19) pandemic.