KATHMANDU: The government has decided to accept financial assistance totaling USD 57 million from the World Bank to support industrial and environmental initiatives.

A meeting of the Council of Ministers held on Monday approved a concessional loan of USD 52 million and a grant of USD 5 million from the World Bank.

The funds will be used to provide credit to industries for replacing traditional boilers with electric boilers and to enhance the country’s air quality monitoring capacity.

Government Spokesperson and Minister for Education, Science and Technology Sasmit Pokharel said the decision aims to promote cleaner industrial technology and improve environmental monitoring systems.

The Cabinet also decided to recommend the re-issuance of the Constitutional Council (First Amendment) Ordinance, 2026, to the President. The ordinance had earlier been returned by President Ramchandra Paudel on Sunday for reconsideration.

In addition, the government approved the import of chemical fertilisers from India under the G2G (government-to-government) mechanism, including 60,000 metric tonnes of urea and 20,000 metric tonnes of DAP fertiliser.

Agricultural Inputs Company Limited has been granted in-principle approval to proceed with the procurement process.

The meeting also approved a revised master plan for the Singha Durbar premises, which includes arrangements related to access to the Parliament building complex.

Minister Pokharel further informed that diplomatic notes have been sent to neighbouring countries regarding activities taking place in Nepal’s territory, and said border-related issues will be resolved through dialogue.