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37.2 million euro German assistance

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KATHMANDU, Dec 11: German government has announced an additional 37.2 million euro assistance to Nepal for new and ongoing programmes for the year 2012- 2013.



According to a press statement issued by the German Embassy in Kathmandu on Tuesday, the amount comprises of 14.0 million euro in financial cooperation and 23.2 million euro for technical cooperation projects. [break]



“This brings the German Development Assistance for Nepal since the beginning of Nepal-German cooperation in 1961 to a total of EUR 1.099 billion,” the statement said.



The emphasis of German Development Cooperation in Nepal remains on inclusive development, poverty alleviation and support to the peace process.



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