May 2008 Newsletter from Dr. Leonard Skov

Greetings from Himanchal Educational Foundation It is time for a renewal of the quarterly messages to you who have been the stalwart anchors of the financing of the work in Nangi and, more recently, a growing portion of Nepal. We will focus on two issues. The combination of devaluation of the dollar and increasing inflation in Nepal has resulted in the costs to support the teachers’ salaries in Nangi Higher Secondary School now require a 50% increase in the revenues directed to that purpose. Specifically, we have been supporting the teachers at a rate of about $2050 per month. The...