US provides Rs 79.71 billion grant to Nepal for its graduation to middle-income country

KATHMANDU: MAY. 5 – The United States of America is to provide $ 659 million (equivalent to Rs 79.71 billion) to Nepal for supporting its goal of graduating to a middle-income country.

Mr. Ishwori Prasad Aryal, Joint Secretary and Head of International Economic Cooperation Coordination Division (IECCD), Ministry of Finance and Ms Sepideh Keyvanshad, USAID/Nepal Mission Director, signed and exchanged the agreement on behalf of their respective governments at a programme organized at the Ministry today.