Japan extends Rs 945.6 million grant assistance to improve Nepal education

Finance Secretary Rajan Khanal and Japanese Ambassador Masamichi Saigo exchange notes about the Japanese assistance for two educational projects on behalf of their respective governments, in Kathmandu, on Monday, July 22, 2019. Photo: JICA

Kathmandu, July 22

The government of Japan has extended a grant assistance worth Rs 945.6 million to the government of Nepal to carry out two education projects.

Officials of the Japanese Embassy and Japan International Cooperation Agency signed and exchanged two grant assistance agreements at a function organised at the Ministry of Finance today.

JICA Nepal office says 300 million Japanese yen (approximately Rs 305.7million) has been given for the 4th year of School Sector Development Programme.

Likewise, 250 million Japanese yen (approximately Rs 254.7 million) for the fourth batch of the first phase of the Human Resource Development Scholarship and additional 378 Japanese yen (approximately Rs 385.7 million) for the first batch of the second phase of the project has been provided.

Finance Secretary Rajan Khanal and Japanese Ambassador Masamichi Saigo signed the exchange of notes about the assistance on behalf of their respective governments. Likewise, Finance Ministry’s Joint Secretary Shree Krishna Nepal  and JICA Nepal Chief Yumiko Asakuma signed the grant agreements.

Published on July 22nd, Monday, 2019 4:08 PM

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