The World Bank has approved a loan of USD 100 million to help Nepal’s education and health sectors

world-bank-approves-usd-100-million-loan-to-strengthen-nepal’s-school-and-health-sectors

The World Bank’s of Executive Directors has approved two further financings to , each for USD 50 million.

The funds will be used to implement the government’s flagship School Sector Development Program and to improve the efficiency of Nepal’s public resource management systems, according to a statement from the World Bank.

Faris Hadad-Zervos, World Bank Country Director for Maldives, Nepal, and Sri Lanka, commented, “Strengthening Nepal’s school sector and developing robust health systems are crucial for human capital development, particularly for poor and vulnerable populations.” “To contribute to Nepal’s Covid-19 recovery, we want to decrease learning losses and guarantee that children return to school, as well as enhance expenditure efficiency and fiscal headroom for delivering excellent and accountable healthcare services.”

According to the statement, the Additional Financing to the School Sector Development Program support pro-poor targeted scholarships, pro-science scholarships, and catch-up initiatives, which will assist reduce dropouts and alleviate learning losses.

The World Bank announced that it will establish the groundwork for the next school sector successor program in two areas: evaluation and data systems, as well as help generate fiscal room to close the funding gap for the government’s flagship program. The statement continues, “It would also promote the establishment of federalism in Nepal by aligning the program with the federal framework to improve efficiency and produce achievements.”

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“Learning losses and dropouts are more common among students from lower socioeconomic backgrounds,” said Karthika Radhakrishnan, Program Task Team Leader at the World Bank. “The new funding will assist catch-up programs to prevent learning losses and pro-poor targeted scholarships to help youngsters from lower socioeconomic backgrounds.”

The Additional Financing for Nepal Health Sector Management Reform Program for Results will support the one-year extension phase of Nepal’s Health Sector Strategy, ensuring that the achievements made in public resource management reforms in the health sector are maintained. It will also crucial funding to construct resilient health systems in a resource-constrained Covid-19 context, as well as prepare Nepal to adopt its next health sector strategy.

“By linking payments to results, the additional financing will continue to provide incentives for addressing bottlenecks in improving public resource management in the health sector, as well as promote transparency and accountability in the system,” said Sangeeta Carol Pinto, World Bank Program Task Team Leader.

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The World Bank has approved a loan of USD 100 million to help Nepal’s education and health sectors

world-bank-approves-usd-100-million-loan-to-strengthen-nepal’s-school-and-health-sectors

The World Bank’s Board of Executive Directors has approved two further financings to Nepal, each for USD 50 million.

The funds will be used to implement the government’s flagship School Sector Development Program to improve the efficiency of Nepal’s public resource management systems, according to a statement from the World Bank.

Faris Hadad-Zervos, World Bank Country Director for Maldives, Nepal, and Sri Lanka, commented, “ Nepal’s school sector and developing robust health systems are crucial for human capital development, particularly for poor and vulnerable populations.” “To contribute to Nepal’s Covid-19 recovery, we want to decrease learning losses and guarantee that children return to school, as well as enhance expenditure efficiency and fiscal headroom for delivering excellent and accountable healthcare services.”

According to the statement, the Additional Financing to the School Sector Development Program support pro-poor targeted scholarships, pro-science scholarships, and catch-up initiatives, which will assist reduce dropouts and alleviate learning losses.

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The World Bank announced that it will the groundwork for the next school sector successor program in two areas: evaluation and data systems, as well as help generate fiscal room to close the funding gap for the government’s flagship program. The statement continues, “It would also promote the establishment of federalism in Nepal by aligning the program with the federal framework to improve efficiency and produce achievements.”

“Learning losses and dropouts are more common among students from lower socioeconomic backgrounds,” said Karthika Radhakrishnan, Program Task Team Leader at the World Bank. “The new funding will assist catch-up programs to prevent learning losses and pro-poor targeted scholarships to help youngsters from lower socioeconomic backgrounds.”

The Additional Financing for Nepal Health Sector Management Reform Program for Results will support the one-year extension phase of Nepal’s Health Sector Strategy, ensuring that the achievements made in public resource management reforms in the health sector are maintained. It will also offer crucial funding to construct resilient health systems in a resource-constrained Covid-19 context, as well as prepare Nepal to adopt its next health sector strategy.

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“By linking payments to results, the additional financing will continue to provide incentives for addressing bottlenecks in improving public resource management in the health sector, as well as promote transparency and accountability in the system,” said Sangeeta Carol Pinto, World Bank Program Task Team Leader.

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The World Bank has approved a loan of USD 100 million to help Nepal’s education and health sectors

world-bank-approves-usd-100-million-loan-to-strengthen-nepal’s-school-and-health-sectors

The World Bank’s Board of Executive Directors has approved two further financings to Nepal, each for USD 50 million.

The funds will be used to implement the government’s flagship School Sector Development Program and to improve the efficiency of Nepal’s public resource management systems, according to a statement from the World Bank.

Faris Hadad-Zervos, World Bank Country Director for Maldives, Nepal, and Sri Lanka, commented, “Strengthening Nepal’s school sector and developing robust health systems are crucial for human capital development, particularly for poor and vulnerable populations.” “To contribute to Nepal’s Covid-19 recovery, we want to decrease learning losses and guarantee that children return to school, as well as enhance expenditure efficiency and fiscal headroom for delivering excellent and accountable healthcare services.”

According to the statement, the Additional Financing to the School Sector Development Program would support pro-poor targeted scholarships, pro-science scholarships, and catch-up initiatives, which will assist reduce dropouts and alleviate learning losses.

The World Bank announced that it will establish the groundwork for the next school sector successor program in two areas: evaluation and data systems, as well as help generate fiscal room to close the funding gap for the government’s flagship program. The statement , “It would also promote the establishment of federalism in Nepal by aligning the program with the federal framework to improve efficiency and produce achievements.”

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“Learning losses and dropouts are more common among students from lower socioeconomic backgrounds,” said Karthika Radhakrishnan, Program Task Team Leader at the World Bank. “The new funding will assist catch-up programs to prevent learning losses and pro-poor targeted scholarships to help youngsters from lower socioeconomic backgrounds.”

The Additional Financing for Nepal Health Sector Management Reform Program for Results will support the one-year extension phase of Nepal’s Health Sector Strategy, ensuring that the achievements made in public resource management reforms in the health sector are maintained. It will also offer crucial funding to construct resilient health systems in a resource-constrained Covid-19 context, as well as prepare Nepal to adopt its next health sector strategy.

“By linking payments to results, the additional financing will continue to provide incentives for addressing bottlenecks in improving public resource management in the health sector, as well as promote transparency and accountability in the ,” said Sangeeta Carol Pinto, World Bank Program Task Team Leader.

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Online since 2001, Nepal123.com is one of the oldest infotainment portals in Nepal.

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Meeting of ruling coalition’s task force at Baluwatar

The task force formed by the ruling coalition to help the government of Sher Bahadur Deuba has met at Baluwatar on Monday. The task force...

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LAS VEGAS: AUGUST 2 – Miles Robinson scored in extra time as the United States won the Confederation of North, Central America and Caribbean...

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The World Bank has approved a loan of USD 100 million to help Nepal’s education and health sectors

world-bank-approves-usd-100-million-loan-to-strengthen-nepal’s-school-and-health-sectors

The World Bank’s Board of Executive Directors has approved two further financings to Nepal, each for USD 50 million.

The funds will be used to implement the government’s flagship School Sector Development Program and to improve the efficiency of Nepal’s public resource management systems, according to a statement from the World Bank.

Faris Hadad-Zervos, World Bank Country Director for Maldives, Nepal, and Sri Lanka, commented, “Strengthening Nepal’s school sector and developing robust health systems are crucial for human capital development, particularly for poor and vulnerable populations.” “To contribute to Nepal’s Covid-19 recovery, we want to decrease learning losses and guarantee that children return to school, as well as enhance expenditure efficiency and fiscal headroom for delivering excellent and accountable healthcare services.”

According to the statement, the Additional Financing to the School Sector Development Program would support pro-poor targeted scholarships, pro-science scholarships, and catch-up initiatives, which will assist reduce dropouts and alleviate learning losses.

The World Bank announced that it will establish the groundwork for the next school sector successor program in two areas: evaluation and data systems, as well as help generate fiscal room to close the funding gap for the government’s flagship program. The statement continues, “It would also promote the establishment of federalism in Nepal by aligning the program with the federal framework to improve efficiency and produce achievements.”

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“Learning losses and dropouts are more common among students from lower socioeconomic backgrounds,” said Karthika Radhakrishnan, Program Task Team Leader at the World Bank. “The new funding will assist catch-up programs to prevent learning losses and pro-poor targeted scholarships to help youngsters from lower socioeconomic backgrounds.”

The Additional Financing for Nepal Health Sector Management Reform Program for Results will support the extension phase of Nepal’s Health Sector , ensuring that the achievements made in public resource management reforms in the health sector are maintained. It will also offer crucial funding to resilient health systems in a resource-constrained Covid-19 context, as well as prepare Nepal to adopt its next health sector strategy.

“By linking payments to results, the additional financing will to provide incentives for addressing bottlenecks in improving public resource management in the health sector, as well as promote transparency and accountability in the system,” said Sangeeta Carol Pinto, World Bank Program Task Team Leader.

Also Read  Naseeruddin Shah discharged from hospital

You may also like:


Read full story at Nepal123.com

Nepal123.comhttps://nep123.com
Online since 2001, Nepal123.com is one of the oldest infotainment portals in Nepal.

More from author

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related posts

Latest posts

Meeting of ruling coalition’s task force at Baluwatar

The task force formed by the ruling coalition to help the government of Sher Bahadur Deuba has met at Baluwatar on Monday. The task force...

Red Cross calls for support to fully vaccinate the most vulnerable

Kathmandu: Nepal Red Cross has called on partners and the international community to take action to ensure there are enough doses available to protect...

Late Robinson’s strike fires U.S. to CONCACAF Gold Cup title

LAS VEGAS: AUGUST 2 – Miles Robinson scored in extra time as the United States won the Confederation of North, Central America and Caribbean...

Want to stay up to date with the latest news?

We would love to hear from you! Please fill in your details and we will stay in touch. It's that simple!