Seoul to fund $4.9m in Unescap aid for North Korea - News Summed Up

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Seoul to fund $4.9m in Unescap aid for North Korea


SEOUL — The Unification Ministry on Wednesday said it will provide North Korea with $4.9 million in aid through a UN agency, to support enhancing the country’s statistics program. The project will last six years, and Seoul has set aside $720,000 for this year. ADVERTISEMENTThe Unescap has requested the South Korean government to fund its project to operate programs that could help North Korean citizens understand the global statistics principles and improve statistics application, the ministry explained. The money will be drawn from the inter-Korean cooperation fund, 1.2 trillion won ($973 million) national budget set aside for cooperation project with North Korea. The ministry said it will closely cooperate with Unescap for the project to be proceeded and check how the fund is used in North Korea by receiving an annual report from the UN agency every year.


Source: Philippine Daily Inquirer May 27, 2020 08:26 UTC



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