Thursday, May 22, 2025

Nepal, Japan sign 573 million Yen grant agreement

Kathmandu, May 16

Nepal and Japan have signed a memorandum of understanding for an additional grant of 573 million Japanese Yen for the Dhulikhel Hospital Trauma and Emergency Centre Improvement Project.

The agreement was signed by Finance Secretary Ghanshyam Upadhyaya and Japanese Ambassador to Nepal Maeda Toru in the presence of Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel and Japan’s Vice-Minister for Foreign Affairs, Ikui Akiko on Friday.

Earlier, in October 2023, the Government of Japan had agreed to provide a grant of 3.29 billion Yen for the implementation of the same project.

Following the signing ceremony, Finance Minister Paudel and Vice-Minister Akiko held a separate bilateral meeting, the Ministry of Finance informed in a statement.

 

Published in The Rising Nepal daily on 17 May 2025. 

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