Finance


ADB approves concessional loan of Rs 17.7 billion to improve two airports’ capacity

ADB approves concessional loan of Rs 17.7 billion to improve two airports’ capacity

Kathmandu. The Asian Development Bank (ADB) has approved a $150 million (equivalent to Rs 17.7 billion) concessional loan to improve the capacity of Tribhuvan International Airport (TIA) and Gautam Buddha Airport (GBA) in Nepal. Tourism is a major source of economic activity in Nepal. In 2019, tourism generated an estimated $2.05 billion, which accounted for

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