PRIA payments
The government is struggling to pay back the principal and interest for the loan for the Pokhara Regional International Airport. CAAN is required to pay Rs2.17 billion in two instalments annually to Chinese lenders. The loan currently amounts to about Rs28.25 billion. A lack of international flights means that the airport has not been able to generate revenue, and allegations of payoffs during construction are under investigation by the CIAA.
