CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

Japan to provide Rs 350 million for human resource development

CEO Tab by CEO Tab
July 26, 2022
in Prime News
0
Concessional loan worth Rs 10.47 billion received from Japan
75
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Nepal will be receiving a grant assistance of Japanese yen 376 million (approximately equivalent to Rs 350 million) from Japan for implementation of the Project for Human Resource Development (JDS) in the year 2022/23.

You might also like

BFIs Disburse Rs 162.87 Billion in Share-Backed Loans Amid Surplus Liquidity

NPC Calls for Reducing National Pride Projects to Improve Efficiency and Control Costs

Consumer Inflation Doubles to 5.22% as Food, Fuel and Transport Costs Push Up Prices

The both parties signed and exchanged the notes to this regard amidst a programme at the Ministry of Finance today.

Madhu Kumar Marasini, Finance Secretary and Tamura Takahiro, Charge d’affaires ad interim of Japan to Nepal signed the documents on behalf of their respective Governments. On the same occasion, grant agreement to this effect was signed by joint-secretary Ishwori Prasad Aryal of International Economic Cooperation Coordination Division, Ministry of Finance and Tanaka Tomoko, Senior Representative, JICA Nepal, the Ministry of Finance said in a press release today.

The Government of Japan has been providing such scholarship grant to the Government of Nepal in a phase-wise manner. Under the first phase of the project, 80 civil servants have already completed their Master’s Degree and returned home. This grant will be utilized to administer the scholarship programme, including for payment of the university tuition fee, living allowances, settlement allowances, insurances and other basic allowances as well as supply of educational materials for 22 candidates (20 for Master’s degree and 2 for PhD degree) to pursue their degrees in various Japanese Universities.

The scholarship provides opportunity of pursuing two years’ Master’s degree and three years PhD courses to young Nepalese civil servants who are academically sound and are motivated to be engaged in Nepal’s socio economic development after completion of their study in Japan.

During the signing ceremony, Finance Secretary Marasini expressed his hope that this scholarship would be instrumental in developing the capacity of civil service. He further stated that the knowledge, skills and the exposure acquired by the civil servants will be instrumental in improving the delivery of public services in Nepal and ultimately contribute to the socio-economic development of Nepal as well as in strengthening the bilateral relation between the two countries.

Similarly, Tamura expected that the JDS graduates will significantly contribute to Nepal’s socio economic development as well as towards further strengthening the long standing bilateral relationship and cooperation between the two countries.

The Government of Nepal expresses its sincere appreciation to the Government of Japan for its generous and continued support to socioeconomic and human resource development of Nepal.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

BFIs Disburse Rs 162.87 Billion in Share-Backed Loans Amid Surplus Liquidity

by CEO Tab
July 14, 2026
0
BFIs Disburse Rs 162.87 Billion in Share-Backed Loans Amid Surplus Liquidity

Kathmandu: Nepal's banks and financial institutions (BFIs) disbursed Rs 162.87 billion in loans backed by shares during the first 11 months of the current fiscal year 2025/26, reflecting...

Read more

NPC Calls for Reducing National Pride Projects to Improve Efficiency and Control Costs

by CEO Tab
July 14, 2026
0
NPC Calls for Reducing National Pride Projects to Improve Efficiency and Control Costs

Kathmandu: The National Planning Commission (NPC) has recommended that the government significantly reduce the number of national pride projects, arguing that a smaller and better-funded portfolio would help...

Read more

Consumer Inflation Doubles to 5.22% as Food, Fuel and Transport Costs Push Up Prices

by CEO Tab
July 14, 2026
0
Consumer Inflation Doubles to 5.22% as Food, Fuel and Transport Costs Push Up Prices

Consumer prices in Nepal rose sharply in mid-June 2026, with year-on-year inflation climbing to 5.22 percent, nearly double the 2.72 percent recorded during the same period last year,...

Read more

Mini Casinos at the Brink: Why Nepal Needs a Balanced Tax Policy, Not a Punitive One

by CEO Tab
July 14, 2026
0
Mini Casinos at the Brink: Why Nepal Needs a Balanced Tax Policy, Not a Punitive One

The budget for Fiscal Year 2083/84 has pushed Nepal's mini (electronic) casino industry to a critical turning point. In an effort to increase government revenue, the annual royalty...

Read more

Commercial Banks’ Net Profit Surges Nearly 20% to Rs 64.56 Billion in 11 Months

by CEO Tab
July 13, 2026
0
Commercial Banks’ Net Profit Surges Nearly 20% to Rs 64.56 Billion in 11 Months

Kathmandu: Nepal's commercial banking sector posted a strong financial performance in the first 11 months of the current Fiscal Year 2025/26, with combined net profits rising by nearly...

Read more
Next Post
PATA Nepal to organise ‘Nepal Sales Mission-2022’ in Thailand

PATA Nepal to organise 'Nepal Sales Mission-2022' in Thailand

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.