Thursday, June 25, 2020

Japan extends grant aid for implementation of economic and social development programme

Japan has extended grant assistance of up to three hundred million Japanese Yen (equivalent to Rs 333 million) to Nepal for the Economic and Social Development Programme.
Ambassador of Japan to Nepal Saigo Masamichi and joint secretary at the International Economic Cooperation and Coordination Division of Finance Ministry Shreekrishna Nepal, signed notes to this effect today.
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, reads a press note issued by the Japanese Embassy in Kathmandu.
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. Unfortunately, many also face difficulties to provide health and medical services, and this has already severely damaged economic and social activities and wellbeing of the people, it reads, adding that Japan has been working to archive the universal health coverage, however, the current crisis particularly affects countries with vulnerable health systems. “Therefore improvement of the health system of each country is essential.”
Based on awareness for the problems and in response to a request from Nepal, Japan will provide medical equipment to be utilised 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 press note reads. “The Embassy of Japan is confident that the objectives envisaged by this programme will be achieved, and contribute towards further strengthening the relationship, friendship and cooperation between the peoples of Japan and Nepal.”

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