New UK Development Portfolio will help Nepal to tackle the climate crisis, mobilise international finance for development, deliver economic transformation, and support governance and inclusion.UK development support will see £400 million ($505m) in g
KATHMANDU, Feb 21: The UK has committed $505 million in development grants to Nepal by 2030. The UK government made this commitment by signing two separate grant agreements related to business and green growth with Nepal during a special function held at the Ministry of Finance on Tuesday.
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It will help Nepal to tackle the climate crisis, mobilise international finance for development, deliver economic transformation and support governance and inclusion, says British Embassy in Kathmandu.