November 11, 2022

Kathmandu. Nepal has received 86 percent foreign aid commitments in the last 3 months.According to the Ministry of Money, in the initial quarter (July-August), Nepal has obtained foreign aid commitments worth 86.41 billion 10 million rupees. In which there is an aid of 6 billion 71 crore rupees. 79 billion 70 million rupees is financial obligation.

The share of grants in complete foreign aid is 7.77 percent. The share of financings is 92.23 percent. This year, the government has established a target of increasing 55.46 billion rupees in gives and also 2.42 billion 26 billion rupees in foreign financings.

Until October this year, Japan has actually pledged to give 35 million rupees for education, 1.37 billion rupees for water system and hygiene from the European Union, 99 million rupees for education from Switzerland, 2 billion rupees for irrigation by Japan as well as 2 billion rupees for employment as well as ICT from Korea.

In the meantime, a dedication of 12.75 billion rupees, 34.96 billion rupees and 17.79 billion rupees has been gotten from the World Financial institution for environment, roadways and ICT respectively. Japan has actually shared a commitment to offer 14 billion 20 million finances for power.

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