DFID announces Rs 39b assistance
KATHMANDU, JUN 17 -
The Department for International Development (DFID) on Thursday announced that it will invest £331 million (around Rs 38.72 billion) in Nepal over the next four years (2011-2015).
Unveiling the four-year operational plan, Sarah Sanyahumbi, head of DFID Nepal, said the department will provide £60 million in the first year, £61 million in the second and over £100 million each in the remaining two years. The UK government provided some £57 million development aid to Nepal in 2010.
The assistance will focus mainly on four areas—inclusive wealth creation, governance and security, climate change and disaster risk reduction and human development. “Nepal is among the 27 most priority country for UK for operating the development programme, and the assistance will scale up every year,” said Sanyahumbi, adding, “The four year programme expresses UK’s deep commitment to Nepal.”
DFID has also stated that it will support Nepal’s peace process through the Nepal Peace Trust Fund and help strengthen governance.
DFID, under its wealth creation programme, targets to create around 230,000 jobs through the private sector development programme. Women will get half of the jobs. Under human development, DFID aims to avert over 100,000 unintended pregnancies, increase the number of children starting and undergoing basic education, with particular emphasis on girls and children from marginalised groups.
According to DFID, it will adopt a comprehensive ‘Value for Money Strategy’ which will tackle corruption risks.
Source: Kantipur
The Department for International Development (DFID) on Thursday announced that it will invest £331 million (around Rs 38.72 billion) in Nepal over the next four years (2011-2015).
Unveiling the four-year operational plan, Sarah Sanyahumbi, head of DFID Nepal, said the department will provide £60 million in the first year, £61 million in the second and over £100 million each in the remaining two years. The UK government provided some £57 million development aid to Nepal in 2010.
The assistance will focus mainly on four areas—inclusive wealth creation, governance and security, climate change and disaster risk reduction and human development. “Nepal is among the 27 most priority country for UK for operating the development programme, and the assistance will scale up every year,” said Sanyahumbi, adding, “The four year programme expresses UK’s deep commitment to Nepal.”
DFID has also stated that it will support Nepal’s peace process through the Nepal Peace Trust Fund and help strengthen governance.
DFID, under its wealth creation programme, targets to create around 230,000 jobs through the private sector development programme. Women will get half of the jobs. Under human development, DFID aims to avert over 100,000 unintended pregnancies, increase the number of children starting and undergoing basic education, with particular emphasis on girls and children from marginalised groups.
According to DFID, it will adopt a comprehensive ‘Value for Money Strategy’ which will tackle corruption risks.
Source: Kantipur
