Nepali Times
From The Nepali Press
Change bank



The Finance Ministry has issued directives that all UNDP-assisted programs open their accounts with Nepal Rastra Bank (NRB) instead of Standard Chartered Bank as presently. A source at the ministry said that the decision was part of the government's initiative to bring about transparency in foreign aid. Similarly, the UNDP-funded projects in the districts will have to operate their accounts through local branches of the state-owned Nepal Bank Limited and Rastriya Bainjya Bank. Nepal received nearly $15 million worth assistance in 27 UNDP-assisted projects in 2002. Nepal Standard Chartered Bank following the government's directives.


LATEST ISSUE
638
(11 JAN 2013 - 17 JAN 2013)


ADVERTISEMENT



himalkhabar.com            

NEPALI TIMES IS A PUBLICATION OF HIMALMEDIA PRIVATE LIMITED | ABOUT US | ADVERTISE | SUBSCRIPTION | PRIVACY POLICY | TERMS OF USE | CONTACT