Re: Kunda Dixit's 'Joyride' (#204). This is to let your esteemed readers know that the $15 million approved by the World Bank Executive Board for the Poverty Alleviation Fund is yet to be formalized by signing of the Agreement between the World Bank and the HMG, Nepal. Hence, it is not true that the Fund is "lying idle" as stated. The Poverty Alleviation Fund (PAF) is ready to launch its program.

PAF Secretariat,
Chakupat