KATHMANDU, July 12: The governments of Nepal and Japan have signed a Memorandum of Understanding (MoU) in regard with the implementation of the phase III of the Project for Human Resource Development Scholarship under the Japanese Grant Aid (JDS) programme.
Finance Secretary Arjun Prasad Pokhrel and Japan's ambassador to Nepal, Kikuta Yutaka, signed and exchanged the MoU on behalf of their respective sides amidst a programme at the Ministry of Finance on Wednesday.
Japan agrees to provide grant of Rs 308 million
As per the agreement, the Government of Japan is to provide Rs 385 million to Nepal for the implementation of the scholarship programme in 2023 and 2024 AD. The facility is targeted for the civil service employees to pursue the Master's and PhD degrees.
Nepal has been receiving this kind of financial support for human resource development from Japan since 2015. So far, 100 civil service employees have benefited from the Japan-funded scholarship scheme.
(RSS)