The government has decided to take a soft loan of $275 million from the World Bank.

Government Spokesperson Gyanendra Bahadur Karki informed that the decision was taken by the meeting of the Council of Ministers.

According to Karki, this loan has been approved for the transport and trade relations enhancement program.

Karki also informed that it has been decided to form a negotiation team to receive a 12 million dollar grant from the Asian Development Bank for the strengthening and empowering women’s protection program.