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Finance Minister Poudel assumes office, approves $200 milliom loan from World Bank

KATHMANDU: Finance Minister Bishnu Poudel assumed his office today after taking the oath of office and secrecy from the President Bidya Devi Bhandari.

After assuming the office, Minister Poudel also approved $200 million loan from the World Bank which will be utilized for COVID-19 response activities of the government. Poudel was appointed Finance Minister by Prime Minister KP Sharma Oli on Wednesday.

Along with Poudel, two other Ministers Krishna Gopal Shrestha, the Urban Development minister and Lila Nath Shrestha, the minister for Women, Children and Senior Citizen also assumed their respective offices after taking oath from the President.

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