Foreign aid in 5 provinces grows

January 17, 2019

The Kathmandu Post, January 17, 2019

Five out of seven provinces saw their foreign aid disbursement grow in the last fiscal year. According to the Development Cooperation Report, Province 3, despite a drop of 6.28 percent in aid disbursement, stood the top recipient of the development assistance. It received aid amounting to $332.47 million in 2017-18. 

Likewise, disbursement in Province 1 also declined 5.46 percent to $58.31 million. As per the report, of the total development assistance disbursed, about 57 percent ($923.2 million) was disbursed through national level projects while about 43 percent ($699.6 million) was disbursed to projects associated with specific districts or provinces