Nepal asks China to convert Pokhara airport loan into grant to ease financial burden
Kathmandu, March 19 -- Nepal's Prime Minister Pushpa Kamal Dahal announced on Tuesday that diplomatic efforts have been initiated with China to convert a loan for Pokhara International Airport to a grant as it failed to garner income, instead piled up more debt.
This came after opposition lawmaker Chanda Chaudhary raised questions about the increasing loss and piling debt, Nepal Prime Minister said that talks are underway to convert the loan into a grant.
"In order to operate the flights to and from the Pokhara International Airport, a committee has already been formed to study government-private sector cooperation. On the basis of the report prepared by the committee, necessary preparations would be made for the operation of the airpor...
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