Nepal gets World Bank funding for peace process



The World Bank unveiled a fresh USD127 million aid package for Nepal. The amount includes USD50 million to compensate families of those killed during a 10-year civil war that ended in a peace deal two years ago. “In this pivotal moment in Nepal’s history it is important to take concrete steps to consolidate the peace process and to ensure that development and service delivery are scaled up,” according to World Bank country director Susan Goldmark. The bank will also disburse USD77 million to finance health and water projects in the Asian country.

Source: World Bank gives 50 million dollars to Nepal peace process (AFP)

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