Kathmandu, Oct 27: Nepal is to receive vaccination support worth Rs 8.59 billion till 2030 under Gavi, the Vaccine Alliance, Rising Nepal Daily reported on Tuesday. Banking News put the exact agreed assistance at Rs 8 arab 59 crore 19 lakh 68 thousand for Nepal's National Immunization Program until 2030.

Source: Rising Nepal Daily via Hamro Patro

According to Banking News, the support was agreed following the diplomatic initiative and dialogue of Minister for Health Nisha Mehta. The report said the assistance would make a significant contribution to strengthening the financial management of Nepal's National Immunization Program.

Source: Banking News Nepal

Rs 8.59 billionVaccination support Gavi has agreed to provide Nepal's National Immunization Program until 2030 — yaani about Rs 859 crore
$308,271Amount waived that Gavi had earlier demanded back after an audit of the regular immunization program
2030Year until which the agreed vaccination support will run

Gavi has also waived $308,271 — the amount it had demanded back from Nepal after pointing out procedural errors during the audit of the regular immunization program from fiscal year 2016/17 to 2021/22, Banking News reported.

Source: Banking News Nepal

The reports said that at a time when pressure on global development aid and financial resources is increasing, securing this assistance and the waiver is an important step for keeping immunization services continuous, accessible and effective, protecting children and targeted populations in Nepal from communicable diseases.

Source: Banking News Nepal