KATHMANDU: Japan has extended grant assistance of up to three hundred million Japanese Yen, equivalent to NRs 333 million to Nepal for the implementation of Economic and Social Development Program.
Japanese Ambassador to Nepal, Saigo Masamichi and Shreekrishna Nepal, Joint Secretary, the International Economic Cooperation and Coordination Division of the Ministry of Finance, signed notes to this effect.
A statement issued by the Embassy of Japan, the COVID-19 infection has rapidly increased over the world and affecting human lives as well as economic and social activities, furthermore the dignity of people.
Many countries have been trying to use their resources to take steps based on lessons learned in the past and cases of other countries to tackle the virus, it said.
Japan has been working to archive the universal health coverage, however, the current crisis particularly affects countries with vulnerable health systems, the statement said adding, “Improvement of the health system of each country is essential.”
Based on awareness for the problems and in response to a request from the Government of Nepal, Japan will provide medical equipment to be utilized for taking measures against infectious diseases and the development of healthcare and medical systems.
Japan also intends to cooperate with the international community, including this support, to take a leading and active role to overcome this global crisis.
The Embassy of Japan said it is confident that the objectives envisaged by this program will be achieved, and contribute towards further strengthening the relationship, friendship and cooperation between the peoples of Japan and Nepal.
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