Money
EU grants 16.7 million euros for Nepal’s agriculture, school development
The agriculture sector stabilised Nepal’s economy during and after the Covid pandemic by maintaining and generating employment.Post Report
The European Union has granted 12 million euros to support Nepal’s agriculture and rural development and another 4.7 million euros for school sector development, continuing its support for Nepal’s development.
The EU said that it has been supporting the agriculture sector development programme since 2019 with 36 million euro and the school sector development since 2016 with 81 million euro.
"I take this opportunity to congratulate the authorities for the results and progress achieved in the sectors since the launch of the Agriculture Development Strategy in 2015 and the School Sector Development Programme in 2016,” stated EU Ambassador Nona Deprez.
She added: “Both sectors were major drivers in overcoming the challenges posed by Covid-19, and we are happy that the EU could support them directly to Nepal’s treasury. The EU and Nepal work hand in hand to prioritise agriculture and education and we remain strong partners in this field also in the future.”
School education is the basis for future growth and prosperity. The government’s School Sector Development Programme has been successful in addressing access to education, despite the parallel challenges of adapting to the new federal system and the Covid crisis, the EU said in a statement.
“It has limited learning losses and improved retention in secondary grades, in particular for girls. It is followed by the School Education Sector Plan, which will provide inclusive and quality education for all, with additional support from the European Union and Finland, in a Team Europe approach.”
The agriculture sector stabilised Nepal’s economy during and after the Covid pandemic by maintaining and generating employment.
Gross Domestic Product from agriculture continued to grow, thanks to the government’s increased budget allocations in the sector.
The Ministry of Agriculture and Livestock Development with the support of an EU-funded technical assistance team has rolled out the Agriculture Development Strategy (ADS) to the provincial and local levels.
Provinces are developing their own strategies and engage actively with the local governments.
The first comprehensive monitoring exercise of ADS achievements recently conducted by the Ministry concluded that challenges remain in the growing food trade deficit.
Monitoring results will also underpin the new National Agriculture Policy and the new National Agriculture Extension Strategy, both crucial to achieving the vision for 2035, as formulated in the ADS: “a self-reliant, sustainable, competitive, and inclusive agricultural sector that drives economic growth and contributes to improved livelihoods and food and nutrition security leading to food sovereignty,” according to the EU.