Germany to Provide Euro 37.6 Million in Development Aid to Nepal Over Two Years

Key Points

• Germany will provide €37.6 million in technical and financial assistance to Nepal for the next two years.
• The aid focuses on renewable energy promotion, energy efficiency, and strengthening electricity distribution systems.
• Other priorities include green agricultural development, revenue sector reforms, quality infrastructure, gender equality, and financial access expansion.
• The announcement followed intergovernmental negotiations between Nepal and Germany, with Nepal's delegation led by Dhaniram Sharma and Germany's by Barbara Schaefer.