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July 17: European Union (EU) has provided Nepal government Rs 6 billion (EURO 50 million) as the first tranche of the Nepal - EU Action for Recovery and Reconstruction (NEARR) budget support programme. This delivers on the pledge made by EU Commissioner Neven Mimica in June 2015 during his visit to the country for the International Conference on Nepal's Reconstruction to substantially support the start-up phase of the recovery.
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