Section

KP Sharma Oli-led govt may be at risk as Nepali Congress opposes BRI loan from China

By Economic Times - 3 hours ago
Nepal's Prime Minister, KP Sharma Oli, faces potential political turmoil as his coalition partner threatens to withdraw support if he accepts loans from China under the Belt and Road Initiative during his upcoming visit. The Nepali Congress party advocates for grants instead of loans, citing China's unfulfilled past grant commitments and concerns about the impact on Nepal's economy.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.