KATHMANDU, May 18: The Government of Japan has extended grant assistance of 700,000,000 million Japanese Yen (NRs. 683,200,000) to the Government of Nepal for the implementation of the Economic and Social Development Program.
Ogawa Masashi, Ambassador of Japan to Nepal, and Dr. Rajan Khanal, Secretary of the Ministry of Finance, signed and exchanged a set to notes to this effect at the Ministry of Finance on today on behalf of their respective governments.
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Speaking at the event, Ogawa mentioned that Nepal is a country that is prone to many kinds of natural disasters such as earthquakes, landslides, and floods, just like Japan. Especially during monsoon, floods and landslides occur frequently in Nepal every year claiming many lives and damaging various properties.
“As a true friend of Nepal, the Government of Japan will cooperatewith the Government of Nepal as much as possibleto enable Nepal to become a disaster-resilient country,” the ambassador said adding that the Japanese Government would provide equipment including an automatic meteorological observing station and construction machines for road maintenance. These equipment are also used in Japan to improve disaster prevention capability to make early restoration and reconstruction after disasters possible.
