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China to provide Nepal with a concessionary loan of Rs 13 billion

Issue 51, December 23, 2007


The People's Republic of China has agreed to provide Nepal with a loan of Rs 13 billion at a concessionary interest rate. The loan of $200 million equivalent to Rs 13 billion would be used for building the Upper Trishuli hydropower project and other development programs according to the Nepalnews.com sd Dec 20 07.


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