CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

Nepal to receive 29 million USD from World Bank

CEO TAB by CEO TAB
April 7, 2020
in Prime News
0
world-bank-credit
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Kathmandu, April 7 : Nepal is to receive 29 million US dollars from the World Bank in its fight against the COVID-19 pandemic. An agreement to this end was signed today by Finance Secretary Sishir Kumar Dhungana and World Bank Country Manager for Nepal Faris Hadad-Zervos.

You might also like

Institutional Investors Defy Market Slump, Increase Stock Market Investments

Electricity Supply to Humla Headquarters Simikot Disrupted

LPG Prices Rise by Rs 105.38 per Cylinder in Kathmandu Valley

The World Bank has approved a fast-track 29 million USD COVID-19 Emergency Response and Health Systems Preparedness Project to help Nepal prevent, detect, and respond to the COVID-19 pandemic and strengthen its public health preparedness, reads a statement issued by the WB Nepal office. The project will focus on the immediate response and preparedness needs to fight the virus.

The project provides emergency support to enhance Nepal’s capacity to detect cases and ensure prompt contact tracing consistent with World Health Organization (WHO) guidelines and Ministry of Health and Population protocols. It will also help set up new intensive care units, beds, and isolation facilities across the country.

The project will be implemented by Ministry of Health and Population. Finance Secretary Dhungana has expressed the confidence that the support would help Nepal respond to the COVID-19 pandemic and strengthen its capacities to deal with future public health risks. Further support is being anticipated from the World Bank to cope with the emerging pandemic situation.

The project will also equip designated health facilities with personal protective equipment and hygienic materials and increase the diagnostic capacity of laboratories for responding to public health emergencies. It will enhance the National Public Health Laboratory to handle harmful infectious diseases and strengthen public institutions to coordinate and better manage response activities in all three levels of government. World Bank Country Manager Hadad-Zervos said the World Bank and its development partners are committed to helping Nepal beef up its health infrastructure and access the resources it needs to fight the spread of COVID-19 and protect the livelihoods of its people.

The project is financed from the International Development Association (IDA), the World Bank’s concessional credit window for developing countries, through the World Bank Group’s COVID-19 Fast-Track Facility. It will be effective immediately after the signing. It has also an option of World Bank-facilitated procurement as and when required as per the request of the implementing agency, adds the statement. RSS

Share30Tweet19
CEO TAB

CEO TAB

Recommended For You

Institutional Investors Defy Market Slump, Increase Stock Market Investments

by CEO Tab
September 6, 2026
0
Institutional Investors Defy Market Slump, Increase Stock Market Investments

Institutional investors, including mutual funds and investment companies, are steadily expanding their presence in Nepal’s stock market despite a prolonged decline in share trading at the Nepal Stock...

Read more

Electricity Supply to Humla Headquarters Simikot Disrupted

by CEO Tab
September 6, 2026
0
Electricity Supply to Humla Headquarters Simikot Disrupted

Electricity supply to Simikot, the headquarters of Humla district, has been disrupted since Tuesday due to a technical problem at the Hildum Distribution Center of the Nepal Electricity...

Read more

LPG Prices Rise by Rs 105.38 per Cylinder in Kathmandu Valley

by CEO Tab
September 6, 2026
0
LPG Prices Rise by Rs 105.38 per Cylinder in Kathmandu Valley

Cooking gas bottlers have increased the price of liquefied petroleum gas (LPG) by Rs 105.38 per cylinder in the Kathmandu Valley, citing higher transportation costs after being forced...

Read more

NEPSE Declines 0.57 Percent as Investors Lose Rs 25 Billion in a Week

by CEO Tab
September 6, 2026
0
NEPSE Declines 0.57 Percent as Investors Lose Rs 25 Billion in a Week

The Nepal Stock Exchange (NEPSE) index declined by 14.54 points, or 0.57 percent, last week, although hydropower stocks recovered after suffering heavy losses in the previous week following...

Read more

Government Announces Relief Package for Entrepreneurs Affected by Bhotekoshi Floods

by CEO Tab
September 4, 2026
0
Government Announces Relief Package for Entrepreneurs Affected by Bhotekoshi Floods

The government has announced a comprehensive revival package for entrepreneurs affected by the devastating Bhotekoshi floods, offering customs duty exemptions, concessional loans, and loan restructuring facilities. The measures...

Read more
Next Post
Construction works of Arun Third Project resume

Construction works of Arun Third Project resume

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.