Last updated: May 08, 2008
World Bank gives $50mn to Nepal for peace deal http://www.ndtv.com/convergence/ndtv/story.aspx?id=NEWEN20080049236&ch=5/8/2008%2012:30:00%20PM
Agence France-Presse
Thursday, May 8, 2008 (Kathmandu)
The World Bank has announced $50 million in grants to support a peace deal in Nepal, after the country's former Maoist rebels scored a surprise win in landmark elections last month.
The funds, the largest such aid flow since the peace process began more than a year ago, will be used as compensation for families of the 13,000 people killed in the civil war and for the allowances of some 20,000 Maoist former guerrillas confined to UN monitored camps, the World Bank statement said on Wednesday. http://www.ndtv.com/convergence/ndtv/story.aspx?id=NEWEN20080049236&ch=5/8/2008%2012:30:00%20PM