Monday, November 21, 2011

Switzerland agrees to provide Rs. 446 m to Peace Fund

The government of Switzerland has agreed to provide a grant assistance of Rs. 446 million (Swiss Francs 5.0 million) to the government of Nepal as a contribution to support activities of Nepal Peace Trust Fund (NPTF).

The agreement to this effect was signed between Joint Secretary at Ministry of Finance Lal Shanker Ghimire and Ambassador of Switzerland to Nepal Thomas Gass on behalf of their respective government at the Ministry of Finance, Singha Durbar, Kathmandu on Monday.

The grant assistance will be utilised to finance the activities in the five thematic areas, such as Cantonment Management and Integration/Rehabilitation of Maoist Combatant, Assistance to Conflict Affected Persons/Communities, Reconstruction of Public Infrastructure, Promotion of Security and Transitional Justice, and Support to Constituent Assembly, Election and Peace Building Initiatives at national and local levels.

Specific projects in the NPTF pipeline also include the implementation of Nepal’s National Action Plan on UN Security Council Resolutions 1325 and 1820 regarding on Women, peace, and security, and confronting sexual violence in conflict and post-conflict situations.

The NPTF was created in February 2007 when a group of donors (Denmark, Finland, Germany, Norway, Awitzerland, UK and later the European Commission) agreed to financially support Nepal effort to implement the CPA Commitments.

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