World Bank News Release: Loan and Credit Summary
WASHINGTON, March 12, 2018 - The World Bank’s Board of Executive Directors today approved the following project:
Nepal: Fiscal and Public Financial Management Development Policy Credit
IDA Loan: US$200 million
Terms: Maturity = 30 Years, Grace = 8 Years
Project ID: P160792
Project Description: The objective of the project is to support the government in its efforts to: (i) Establish a framework to move towards fiscal federalism; and, (ii) Improve the policy framework for public financial management.