[Show all top banners]

unicornis
Replies to this thread:

More by unicornis
What people are reading
Subscribers
[Total Subscribers 0]
:: Subscribe
Back to: Kurakani General Discussion Refresh page to view new replies
 NEPAL BURIED UNDER INTERNATIONAL DEBT - ANOTHER EXAMPLE!!
[VIEWED 2213 TIMES]
SAVE! for ease of future access.
Posted on 08-07-08 10:12 AM     Reply [Subscribe]
Login in to Rate this Post:     0       ?        
 

Japan writes off Rs 7.22b outstanding debt

Japanese ambassador to Nepal Tatsuo Mizuno (L) and Rameshwor Prasad Khanal, Secretary of the Ministry of Finance, signing an agreement on cancellation Nepal's outstanding debt, in Kathmandu, on Thursday, Aug 07 08. nepalnews.com (Photo Courtesy: Japanese Embassy)

The Government of Japan has extended Rs 7.225 billion to the Government of Nepal for Debt Relief Measures in the form of cancellation of outstanding debts that include the principal as of April 1, 2008 and interest accrued till March 31 this year.

Japanese ambassador to Nepal Tatsuo Mizuno and Rameshwor Prasad Khanal, Secretary of the Ministry of Finance of the Government of Nepal, signed and exchanged notes in this effect on Thursday, on behalf of their respective governments.

"It can be said that this cancellation of debt could provide Nepal with a significant opportunity to advance its social and economic development through utilisation of the funds within the Nepalese Government, which would otherwise have had to be used to pay the said funds in outstanding debt," a press release issued by the Japanese embassy said.

Till 1987, the Government of Japan had extended loan assistance to Nepal for a number of projects including Kulekhani Hydroelectric Project (Phase - I and Phase - II, Kulekhani No. 2 Hydro Power Station Project, and Udayapur Cement Plant Project.

Previously, Japan had extended nearly 12 billion rupees as the Debt Relief Measure to Nepal during the period between 1978 and 2002. nepalnews.com mk Aug 07 08


 
Posted on 08-07-08 10:13 AM     Reply [Subscribe]
Login in to Rate this Post:     0       ?        
 

WHERE DOES THE MONEY GOOOOOOOOOO???????????


 
Posted on 08-07-08 11:05 AM     Reply [Subscribe]
Login in to Rate this Post:     0       ?        
 

Maybe Nepal government is just like me..just do the minimum payment and keep using the credit card...so ultimately nepal might be paying interest and finance charge only...

 


 
Posted on 08-07-08 11:28 AM     Reply [Subscribe]
Login in to Rate this Post:     0       ?        
 

funny pirhana, i guess so.
 
Posted on 08-07-08 11:35 AM     Reply [Subscribe]
Login in to Rate this Post:     0       ?        
 

What's up with Suits.... No daura suruwal??? Very disappointing.


 
Posted on 08-07-08 3:31 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?        
 

too much aid, too little development.  this is our country Nepal.  obviously, money went to pocket of leaders.
 
Posted on 08-07-08 6:51 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?        
 

haina yo japan lai kati paisa badi bhayeko bhanya. tetro rinn diyeko cha nepal lai ,, nepali government lai kaile debt tireko chaina tyei ni deko dei garcha.. sale harulai tetro paisa badi bhayeko cha bhane baru public ma badi diye ni hunthyo ni haina..
 
Posted on 08-08-08 10:44 AM     Reply [Subscribe]
Login in to Rate this Post:     0       ?        
 

Too much aid, too little development.  this is our country Nepal.  obviously, money went to pocket of leaders.

while growing up, i used to read detective novels and this would be a interesting case. so, sometimes, i feel like i should become a detective just to investigate where does all this donated money land up and exhibit a powerpoint presentation of results to the mass. how interesting it would be??? ahhhh!! that feeling.


 


Please Log in! to be able to reply! If you don't have a login, please register here.

YOU CAN ALSO



IN ORDER TO POST!




Within last 7 days
Recommended Popular Threads Controvertial Threads
महानियिका प्रियंका कार्कीजीलाइ खुल्ला पत्र !
भाउजु आउनु भाकी छिन रे नि !
पिन्कुको नया काले हस्पि नाक चुचेय भाते भतुवा
प्रियंका कार्की फोटो अबलम भाग २ , ३ जून २०१६ copyright @पुन्टर
प्रियंका .का. लै चिठी भाग १
❤ नारी दर्पण ❤
नया सु गर्ने साधन उठेर
साझाका Sherlock Holmes .. Please suggest
Back to Nepal?
म्यास्याचुसेत्सका डाक्टर सुजन कायस्थ बाल यौन शोसनको अभियोगमा पक्राउ
World ranking of countries by their average IQ
Multiple entry Advance Parole
The tech behind the Black Hole picture..
Ameica Ko Marraige
महानियिका प्रियंका कार्कीजीलाइ खुल्ला पत्र !
NOTE: The opinions here represent the opinions of the individual posters, and not of Sajha.com. It is not possible for sajha.com to monitor all the postings, since sajha.com merely seeks to provide a cyber location for discussing ideas and concerns related to Nepal and the Nepalis. Please send an email to admin@sajha.com using a valid email address if you want any posting to be considered for deletion. Your request will be handled on a one to one basis. Sajha.com is a service please don't abuse it. - Thanks.

Sajha.com Privacy Policy

Like us in Facebook!

↑ Back to Top
free counters