October 27, 2026, Tuesday
English

Grant of three billion rupees has been approved to Nepal from the Climate Damage Fund

Main News Image

Kathmandu. For the relief, rehabilitation and reconstruction of the communities affected by the devastating floods in the Bhotekoshi and Trishuli rivers due to climate change, the Climate Damage Loss and Damage Fund has decided to provide Nepal with 20 million US dollars and about 3 billion Nepalese rupees.

According to the Ministry of Agriculture, Forestry and Environment, the special meeting of the fund held on Thursday decided to provide the aid amount to Nepal. According to Dr. Maheshwar Dhakal, Joint Secretary of the Ministry and Head of Climate Change Management Division, the Government of Nepal made an official request for assistance to the Board of the Fund on August 31 to deal with the huge loss of people's wealth caused by the flood.

Dr. Dhakal, who is also Nepal's National Liaison Officer and Alternate Board Member for the Fund, informed that intensive discussions and coordination were held with board members from developed and developing countries at various stages to pass Nepal's proposal.

mediabaaji add

Related News

Tax arrears are coming up: The remaining amount has reached 94.95 billion

Kathmandu. In recent years, the outstanding tax arrears in Nepal have started to pile up. According to the Internal Revenue Department, by the end of the financial year 2081 and 2082, the outstanding amount including i...

Fall in the stock market in the first trading session of the week, turnover of 4.57 billion

Kathmandu. On Monday, the first day of trading of the week, the Nepal Stock Exchange NEPSE index decreased by normal points. According to NEPSE, the index decreased by 1.20 points to 2,684.33 points. Out of 13 sub-groups traded today, 8 sub-groups...

High growth in the stock market before the election, turnover above 6 billion

Kathmandu. Ahead of the election, the stock market is green. On Tuesday, the stock market index increased by 38.52 points to 2712.49 points. This is 1.44 percent more than the previous transaction. Today in the stock market, the share price of 254...

Cabinet decision to increase police ration scale

Kathmandu. The decisions of the cabinet meeting held on Thursday have been made public. Home Minister and Government Spokesperson Omprakash Aryal announced the decisions of the meeting and informed that various important decisions were made.

The value of the US dollar at a high point

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today.  According to the fixed exchange rate, the buying rate of one US dollar is 143 rupees 74 paisa and the selling rate is 144 rupees 34 paisa. Similarly...

Foreign Exchange Rates for Sunday

Kathmandu — Nepal Rastra Bank has determined the foreign exchange rates for today.

According to the central bank, the buying rate for one US dollar has been set at Rs. 152.59, while the selling rate is Rs. 153.19. The buying rate for one Aus...