Nepal Receives NPR 65.39 Billion in Development Aid Commitments in First Half of Fiscal Year
Summary
Nepal received NPR 65.39 billion in development aid commitments in the first half of the fiscal year, with NPR 61.07 billion mobilized so far, reflecting challenges in aid mobilization and project implementation.
Key Points
- Nepal secured NPR 65.39 billion in development aid commitments during the first half of the current fiscal year.
- Grant assistance amounted to NPR 19.25 billion, while concessional loans accounted for NPR 46.14 billion.
- Actual aid mobilization reached NPR 61.07 billion, which is 21.27 percent of the projected NPR 287 billion for the fiscal year.
- Delays in project implementation and weak inter-agency coordination have hindered effective development aid mobilization.
