WB grant of $43 mn for poverty removal in Nepal

from The Financial Express

KATHMANDU, MARCH 10: The World Bank will provide an additional grant of USD 265 million to Nepal for poverty alleviation and check the spread of avian influenza.

Two separate agreements have been signed between the Ministry of Finance and the bank's Nepal office to this effect, an ADB release said.

he objective of the Poverty Alleviation grant assistance is to improve access to income-generating sub-projects and community infrastructure, benefiting groups excluded by reasons of gender, ethnicity and caste as well as poorest groups in rural communities.

The project will be implemented in 25 districts across Nepal or one third of the total districts of the country.

The bird flu Control project aims to minimise the threat posed to humans by highly pathogenic avian influenza infection by controlling such infections among birds, especially domestic poultry and to prepare for, control and respond to possible human infections, especially an influenza epidemic and related emergencies.