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Nepal: WB to provide $50m for education, health sectors
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KATHMANDU, 16 September 2021, (TON): The World Bank (WB) has agreed to provide additional financial assistance of US Dollar 50 million each to enhance education and health sectors in Nepal.
The WB said in a press statement “the financing agreements aim to support the implementation of the government’s flagship School Sector Development Programme in the education sector and public management reforms in the health sector.”
Finance Secretary Madhu Kumar Marasini and WB Country Director for Maldives, Nepal and Sri Lanka, Faris Hadad-Zervos, signed the agreements on behalf of their respective sides.
On the occasion, Secretary Marasini insisted that strengthening education and health systems was an essential element of ‘building back better’ from the pandemic.
“The reform agenda championed by the Nepal Health Sector Programme for sesults is critical to Nepal’s vision of an efficient, effective, transparent and accountable health system, and together with the School Sector Development Programme.”
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