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.