Secretary at the Ministry of Finance Shankar Prasad Adhikari and Ambassador of Japan to Nepal Masashi Ogawa signed the Exchange of Notes today in the Ministry of Finance on behalf of the respective governments.

The fund is aimed at supporting Food Security Programme in Nepal and shall be used for the purchase of the products and services necessary for the implementation of the programme.

According to a press note issued by the Ministry of Finance, the grant shall also be used for purchase of rice and its transportation. It is said that the Ministry of Supplies will be the executing agency while the Nepal Food Corporation (NFC) will be responsible for the implementation of the project.