UK launches new £400m development portfolio for Nepal
Kathmandu, Feb. 20 -- UK Minister of State (Development & Africa) Andrew Mitchell on Tuesday launched a new £400m UK-Nepal development portfolio during his two-day Nepal visit.
A new development portfolio will mobilise vital private sector funding in development, tackle the climate crisis and support economic growth in Nepal, the British Embassy in Kathmandu said in a statement.
The plan will support the creation of 13,500 jobs, help Nepal attract over $1 billion in investment, and deliver access to quality health care and education services for two million women and girls by 2030.
"Its focus on long-term, systemic transformation emphasises the UK's commitment to supporting sustainable and inclusive development globally, as set ou...
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