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Nepal slashes interest subsidy limits for concessional loans amid concerns over misuse

KATHMANDU: In a bid to enhance the effectiveness of concessional loans aimed at boosting production, creating jobs, and fostering entrepreneurship, the Nepalese government has decided to reduce interest subsidy rates. Currently, women borrowers receive a 6% interest subsidy, while other borrowers are entitled to a 5% subsidy. However, these...

Nepal slashes interest subsidy limits for concessional loans amid concerns over misuse
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