Categories: InternationalNepal

Nepal Cabinet Accepts USD 1.81 Million Grant from South Korea

The Council of Ministers has accepted a grant assistance of USD 1.81 million to be provided by the South Korean government, according to government spokesperson Sasmit Pokharel.

The decision was made during the cabinet meeting on July 16. The grant is expected to support development projects in Nepal, further strengthening bilateral relations between the two countries.

Details on specific projects to be funded have not been disclosed yet. The acceptance of this grant reflects continued international cooperation for Nepal’s development.

Other cabinet decisions included formation of a talks team for loan shark victims and approval of new coin designs.

Article and image source: risingnepaldaily.com

News Desk

Share
Published by
News Desk

Recent Posts

Fyzabad Man, 39, Charged with Grievous Sexual Assault After June Incident

Fyzabad man, 39, charged with grievous sexual assault following June incident.

2 hours ago

After 8 Years: Government Revises Poverty Line, Expands Social Assistance Eligibility

Government revises poverty line after 8 years; new formula may qualify more families for social…

7 hours ago

Tobago Family Sues THA and Pigeon Point Park Over Jet Ski Death of 7-Year-Old Angelica Jogie

Family files lawsuit after 7-year-old killed by jet ski at Pigeon Point Beach.

7 hours ago

Advocate Raises Discrimination Concerns After Restaurant Visit

Social advocate Marc Antonie shares concerns following an alleged incident at a Port of Spain…

8 hours ago

Schoolboy Allegedly Caught Taking Cash During Vendor’s TikTok Live

Schoolboy Allegedly Caught Taking Cash During Vendor's TikTok Live

18 hours ago

Taxi Driver Abandons Passenger on Highway, Sparks Concerns

A concerned passenger shares their troubling experience with a taxi driver leaving them abandoned on…

23 hours ago
Click to listen highlighted text!