Jan 16, 2017

The Government of the Federal Republic of Germany through its Reconstruction Loan Corporation (KFW) has agreed to provide a total grant assistance of Euro 30 million which comprises financial assistance of Euro 25 million (equivalent NRs. 2.89 billion) and Technical Assistance of Euro 5 million (equivalent to Rs 579.3 million) to the Government of Nepal.

The Government of the Federal Republic of Germany through its Reconstruction Loan Corporation (KFW) has agreed to provide a total grant assistance of Euro 30 million which comprises financial assistance of Euro 25 million (equivalent NRs. 2.89 billion) and Technical Assistance of Euro 5 million (equivalent to Rs 579.3 million) to the Government of Nepal as a special commitment for Recovery Programme in the aftermath of devastating earthquake of 25 April 2015.

The grant assistance will be used for the implementation of various projects such as rehabilitation of some heritage sites including surrounding school buildings in Bhaktapur district, reconstruction of district hospitals in Gorkha, Rasuwa, Dolakha and Ramechhap districts and rehabilitation of rural electrification in Rasuwa districts which were damaged by the earthquake.

The Projects identified under this support will be implemented for the period of 7 years from the beginning of 2016 to 31 December 2022.