Nepal gets Rs 880 million in grants from World Bank

  • 26/08/2008

  • Kathmandu Post (Nepal)

The World Bank extended its support package Nepal with 880 million rupees in grants in Kathmandu on Tuesday. The amount has been given to Nepal for the peace process, health programme and rural drinking water project. Finance Secretary Rameshwor Khanal and Ms Susan Goldmark, World Bank Country Director for Nepal, signed on the support package today. It has been learnt that 340 million rupees, out of total amount, will be spent as part of the emergency peace process. Similarly, 340 million rupees have been separated for health programmes, while rupees 180 million will be spent on rural drinking water project. Moreover, the amount allocated for emergency peace process will be used for supporting families of the conflict victims and management of the Maoist combatants.