According to a statement from the Department for International Development (DfID), the fund will save the lives of more than 45,000 people, including many mothers and their babies.
"Over the next five years the Nepal Health Sector Program will focus on delivery of the MDGs - not only child and maternal health but also providing better nutrition and combating HIV/ AIDS," DfID said in the statement.
The UK aid will commence once the Nepal Sector Program is finalized and approved by the government and other donors agree on it.
“Nepal has made some remarkable achievements in health, including halving child deaths and maternal mortality. This new funding will help build on these successes, and meet the commitments made by the Prime Minister at the UN General Assembly in September last year," the statement quoted UK International Development Minister Mike Foster as saying.
Foster has also announced that Nepal will be one of six countries focused on by the DfID Nutrition Strategy. The statement added that the strategy in Nepal will see a range of measures from health to agriculture, welfare and the empowerment of women to address the underlying causes of malnutrition.
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