outline
The Nepalese government has approved the new foreign aid mobilization policy 2082 to improve the strategic mobilization of foreign aid according to the national development priority. This policy replaces the previous foreign aid policy in 2076.
Major policy
The main goal is to deliver the development aid to a productive and influential sector that matches Nepal’s national demands and priorities, ultimately supporting the national prosperity path. The new policy has been formulated to solve the evolving federal situation, diversify its aid tools, and improve the nation’s ability to effectively manage and utilize transparency, efficiency and external resources.
The new policy allows local and local governments to actively plan, propose, coordinate and integrate development assistance in activities.
The main policies summarized in the new development aid policy are:
- Mobilization of foreign aid for national priorities and national development priorities
- Joint responsibility of government and development partners
- Strengthening the ability of the country to effectively manage and utilize foreign aid
- It supports the growth of private sectors and mobilizes development aids to create an environment that attracts private investment.
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