Government to accept around Rs 80 billion from USAID

The government has decided to accept around Rs 80 billion in grant assistance from United States Agency for International Development (USAID).

A Cabinet meeting held on Wednesday had decided to accept Rs 79. 71 billion in grant assistance from the United States, government spokesperson and Minister for Information and Communications Gyanendra Bahadur Karki said while making public the decisions of Cabinet on Friday.

Similarly, the government has decided to take a soft loan of Rs 18 billion from the International Development Association (IDA) of the World Bank.