In the implementation of revised procedures related to concessional loan interest subsidy

Kathmandu. The government has implemented a new procedure with the aim of making the interest subsidy system provided in subsidized loans more transparent, systematic and effective.

The Ministry of Finance has approved and formally implemented the 'Procedures on Interest Subsidy for Concessional Loans First Amendment, 2083'. The Ministry has already published the revised procedure through its website.

With the implementation of the new procedure, the concessional loan disbursement, the process of providing interest subsidy, the monitoring and reporting system of the actual use of the loan have been made more clear and accountable.

Express

Related News

Stock market of the week: NEPSE increased on all five days of trading

Kathmandu. In the stock market this week, the NEPSE index, which measures stock trading, has risen for five consecutive days. From Sunday to Thursday, the overall market index increased by more than four decimal points...

Janakpur Cigarette Factory in Pakhai to be reopened

Janakpur. The only cigarette factory in the country, Janakpur Cigarette Factory Limited, which was operating 62 years ago, is in the process of reopening. The Janakpur cigarette factory, which was unfortunately closed due to the political environm...

Janakpur-Jayanagar train service will be closed for 3 days for election

Kathmandu. Nepal Railway Company Limited has announced that the train service operating on the Janakpur-Jayanagar section will be completely closed for three days, aiming at the upcoming election of members of the House of Representatives. Accordi...

The price of gold decreased from the new redark, how much per tola on Thursday?

Kathmandu. The price of gold has fallen from its all-time high. Gold today fell by 2 thousand 900 rupees per tola. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at Rs 2 lakh 92 thousand 200 per tola today...

Fluctuations in the exchange rate of the dollar and the euro, the value of the currencies of the Gulf countries

Kathmandu. Nepal Rastra Bank has determined the official exchange rate of foreign currencies for Wednesday. According to the new exchange rate announced by the Central Bank, today the buying rate of one US dollar is 152 rupees 27 paisa and the sel...

The 'Property Investigation Commission' started work, the assets of high-ranking officials are under government surveillance

Kathmandu. The 'Property Investigation Commission', formed by the government with the main objective of ending corruption and impunity, has formally started its work. The five-member commission formed under the chairmanship of former Supreme Court...