Denmark to give grant assistance of Rs 9m

KATHMANDU, May 7:

The Embassy of Denmark on Wednesday signed an agreement with United Nations Development Program (UNDP) in Nepal to provide grant assistance worth DKK 500,000 (equivalent to Rs 9 million) to support the Aid Management Platform of the Ministry of Finance.

According to a press statement issued by the embassy, the overall goal of the project is to enhance the capacity of government officials to manage and monitor the aid flow to the country.

The support will also contribute to strengthening the capacity of the Ministry of Finance and other line ministries for effective aid management, which will ensure better aid transparency and effectiveness, added the statement. “Our support will ensure that the important work on aid management information systems of the Ministry of Finance will continue. It will contribute to enhancing coordination and documentation of development assistance to Nepal,” Jan Møller Hansen, Chargé d´Affaires, Embassy of Denmark, said in the statement.

The Embassy of Denmark has been supporting this initiative since 2011 and the additional support will continue strengthening the capacity of the government to manage and coordinate aid. Assistance will also be provided to further developing data and information systems as well as training of government partners at central and local levels, according to the statement.

“This support from Denmark will further strengthen the government´s capacity to manage foreign aid, while ensuring more transparency and accountability,” Shoko Noda, UNDP country director, said in the statement.

Source: Republica