Pokhara airport MOU debt dispute


KATHMANDU: Pokhara Regional International Airport will be the construction budget to mobilize the grant and loan agreements concerning the Civil Aviation Authority of Nepal and the Government of Nepal has been dubbed.
Ministry of Finance and the grant and loan agreements Airport Authority should be a matter concerning dispute views. Prime Minister KP Sharma Oli, the first day of the New Year 2073 on April 1 have already laid the airport.
Airport Authority Finance Ministry and the Government of Nepal to China to provide soft loans and grants given Rs 21 billion to spend about half again the issue of subordinated debt agreement in dispute that. The Government of Nepal and a half billion dollars, 25 percent of 21 the rest of the money without interest and taxes by two per cent concessional loan agreement with China has already.
Operating expenses in the amount of 8 per cent government agencies Authority said an HMO to pay interest on the loan has become fearful of stirring. The Government of Nepal, the sum of 216 million US dollar agreement to pay interest because dalarakai mulyaaunasara said.
Dollar rise in the price of government pradhikaranabatai loss of interest on the loan because sarakarale asulrne brought two percent said at least 8 percent of the amount of interest demanded authority is mentioned.
Ministry of Finance, Economic Policy Analysis, according to the Civil Aviation Authority gives mahasakha chief Krishna Devkota assistant to compromise. Preparations are underway for its loan and grant agreement, said separately. If the loan agreement with the government authority issuing RMB-dollar price rise in China, brought the government to finance the deficit could be of interest to take over as ALI.
This is the same kind of arrangement with debt Devkota also said that all foreign. According to the interest of his authority to decide not to kill provides the necessary discussion about what is happening.
Authority sources said the government subsidy anuasara influx of money, it is also proposed to take the interest of the Authority disagreement is kept. Only five percent of the amount exceeding the government brought two percent interest were ready to pay the authority the government has taken the Asian Development Bank said this before putting the same rate of interest of 8 per cent is to be said.
Authority and the Ministry of finance by supporting the grant and loan agreements only to spend the amount that can be given to the meaning of The ministry said an officer. According to him, the government rushed to the airport because of the foundation agreement to settle the problem of authority is. About a week later a deal that the two-party consensus on the meaning and the meaning of being considered Authority source said.
Government Contractor company by choosing to build the airport has stood ready sooner Airport Authority loan is, the more quickly the construction work is to begin.
Airport Authority Finance Ministry and the Government of Nepal to China to provide soft loans and grants given Rs 21 billion to spend about half again the issue of subordinated debt agreement in dispute that.
For construction of the airport on behalf of the Chinese party and government if the prime minister to visit China since the loan agreement has been. Nepal's tourism sector is also very important for the development.
Airport recruiting 21 billion 47 million 25 percent merely by the amount of interest it has an agreement with the Chinese side. The remaining 75 percent of the loan amount if the annual interest of two per cent agreed to take the Nepal Ministry of Finance has informed China.
Chinese ekjima bank loan interest subsidy funds 25 percent of the support and the government of China to build an airport to an agreement. The construction of the airport is provided by the Government of China for the first seven years of the loan principal and interest will not be charged any. Within 20 years of the eighth year, the loan agreement, the draft made by the Ministry of Finance opined that the information is given.
Chinese company to build the airport sieemasi engineering is already two years ago the contract. The airport engineering, prokyoramenta and kanstraksanu (EPC) model is to be constructed.
Such a model is to make the airport design and build contractor himself has said that the Civil Aviation Authority of Nepal. Construction of the airport after making this model paumdain cost increase.

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