World Bank Aids Nepal Energy, Farm Sectors

The World Bank earmarked a total of $109.2 million for Nepal's energy and agriculture sectors, according to

. Of the sum, $89.2 million will be spent for the nation's power development project, which will help execute the Nepali energy crisis management action plan. The remaining $20 million will be used to enhance the competitiveness of small farmers and agribusinesses in 25 districts.

About the author

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    Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.